Demand for special machinery and heavy equipment for mining, civil engineering moves into Indonesia after a dry spell again. Besides the general economic recovery, the impact on stimulating the construction sector, for projects of the government are responsible. In particular, the adopted route in the energy sector plays a role. Accordingly, the exhibitors were confident of an international trade fair combination of the energy and mining.
In the last ten years of the so-called Asian crisis, major projects were failed, and bureaucratic hurdles and the lack of legal certainty to investors made it not easy to do something about this situation. Increased oil prices and the associated cost explosion in 2005 ensured a decline in imports in mining, construction, civil engineering and heavy equipment in the following year. This trend is, however, have not continued in 2007, reports the I
ndustrieministerium emanating this year from double-digit demand growth.
ndustrieministerium emanating this year from double-digit demand growth.
Economic conditions are again favorable for large projects. Thus, the Bank Indonesia over the past two years, press its key interest rate by 4.5 percentage points to 8.25 percent now. Investors have already reacted to, but the effect only really come into play in 2008, announced the economic experts. The Energy Programme of the Government, which focuses on alternatives to petroleum, coal mining sector in particular is a priority. As part of a "crash" program of the government to coal power plants to increase the capacity of the energy sector by 2010 a total of 10,000 MW. Contracts - mainly to Chinese investors - have already been issued.
Accordingly, the local demand for coal is expected to rise dramatically in the future. The archipelago currently supports about 215 million metric tons, of which about 70 percent are exported. The latter was no longer possible in the future, even if the flow rates were likely to double digits annually, notes the government and announced no later than 2010, a limitation of exports.
A certain spirit of optimism was felt in trade fairs "Electric Indonesia", "Mining Indonesia", "Oil and Gas Indonesia" and "Building and Construction," by 31.10. 3:11:07 organized by the organizer in Jakarta PT Pamerindo were. 25 German companies were in the context of a community participation of the Federal Ministry of Economics and present. Obviously playing quality, and recently strengthened environmental aspects of the purchases of machinery and plants on the archipelago a larger role than it previously was to hear from individual exhibitors.
Fits to the Ministry of Industry announced, it would not longer issue licenses for imports of used heavy equipment. A modernization of the future stand in the foreground. In the construction industry to catch up area is as large as in agriculture or in mining. In general, the providers hope of more sophisticated systems on a longer-term investment designed calculus of Indonesian companies. Such was at the exhibition visit the company Takraf, the market sectors including conveyor belts for mining, the Enlightenment in the foreground, the long-term investments represent a cost-effective alternative to truck transport.
Ministry of Energy and Mineral Resources
Jalan Medan Merdeka Selatan 18
10 110 Jakarta, Indonesia
Tel: 62 21 3804242, -3813233
Fax: 62 21 3847461
