1358749_Dissertation_Socially Responsible Investment in Indonesia-1
Trade & Investment - Kementerian Luar Negeri Indonesia Investment Bulletin - IV... · 4 Trade &...
Transcript of Trade & Investment - Kementerian Luar Negeri Indonesia Investment Bulletin - IV... · 4 Trade &...
Number IV / January 2017 | Trade & Investment Bulletin 1
Number I | September 2016
Photo: one of the luxurious hotel in the Island of Bali
Indonesia Investment Board Upbeat
about 2017, Tourism Potential
EDITOR’S NOTE
Dear Readers,
Indonesia’s tourism sector is highly potential
for investment. The government of Indonesia
is developing 10 emerging tourist destinations
to boost the arrivals of foreign tourist.
Indonesia has targeted to achieve 20 million
tourists a year by 2020, nearly double the
current figure of around 12 million per year.
In line with that ambitious target, Indonesia is
now developing its infrastructure quality by
building new roads, toll roads, seaports,
airport, including new hotels. The government
is reforming its investment-related policies and
providing tax incentives, tax allowance, and exemption from import duties to attract more
investments.
Indonesia’s economy keep increasing positive
amid the downturn of global economic
slowdown. Its GDP grows 5.1 percent in 2016
and is expected to grow 5.2 – 5.4 percent in
2017.
Indonesia investment board upbeat about 2017, tourism potential 1
Indonesia launches online services for licensing with digital signature 4
2017 will be steady year for Indonesian firms: moody's 5
Fitch ratings revises Indonesia's rating outlook to "positive" 6
Indonesian footwear industry 7
Wakatobi National Marine Park, Underwater Paradise in the Heart of Asia-Pacific Coral Triangle 10
Trade fairs, expos, & exhibitions in Indonesia 12
For more detail information please contact: Economics Affairs - Consulate General of the Republic of Indonesia 211 W. Wacker Drive #8 Chicago, Illinois 60606 Phone: 312.920.1880 Fax: 312.920.1881 Email: [email protected] Website: www.kemlu.go.id/Chicago
The Investment Coordinating Board (BKPM) says Indonesia remains attractive for foreign investors and is maintaining an optimistic investment outlook for next year, eyeing tourism as the key contributor to investment growth.
BKPM chief Thomas Lembong said his office was confident that the realized investment target of IDR 592 trillion (US$43.97 billion) would be met this year, and therefore a larger goal could be set for 2017.
He added that one of the major sectors expected to boost cash inflows was tourism as reportedly, foreign investors had expressed the most interest in tapping into Indonesia’s underdeveloped yet promising tourism sector.
“Luckily, it [tourism] shined in the eyes of several investors who came to Jakarta for the Forbes Global Conference,” Thomas recently said.
Indonesia, the world’s biggest archipelago with more than 17,000 islands, is seeking to spur significant growth in the tourism sector in a bid to lure 20 million tourists a year by 2019, nearly double the current figure of around 12 million per year.
To lure people, particularly those who only holiday on the world’s most visited island of Bali, to other scenic spots, the government is working on developing 10 other destinations, including Lake Toba in North Sumatra, Borobudur Temple in Central Java and Thousands Islands in Jakarta.
(continue to page 2)
Number IV | January 2017 More articles available at: www.kemlu.go.id/chicago
Trade & Investment Bulletin
2 Trade & Investment Bulletin| Number IV / January 2017
Indonesia Tourism Development Focus on 10 Tourisms Destination Priorities.
The World Bank’s latest Indonesia Economic Quarterly Report declared that tourism was a promising field that could generate significant private investment for the nation.
In the first half of this year, Indonesia received $858.7 million as investment poured into the sector.
Apart from tourism, other areas that BKPM will rely on to raise investment are the basic metal industry and petrochemicals, both of which form the backbone of the domestic industry, Thomas said. According to Thomas, BKPM may roll out new measures to lure more investment in the near future, but no details could be disclosed as plans were still being discussed with offices of coordinating ministers and the Presidential Office.
“From the BKPM’s side, what we can do is sort out issues relating to regional administrations. I have already spoken to the Home Ministry, which holds power over the regional bodies so that the BKPM’s technical requests can be fulfilled in order to boost investment in those areas,” he said.
In the past two years, the investment body has launched several initiatives to improve its service to potential investors, most notably one-stop integrated service centers to ease the process of applying for a business permit.
Around Rp 453 trillion in investment has been realized in Southeast Asia’s largest economy from January to September, up 13.4 percent from 2015. The figure consists of Rp 295 trillion of foreign investment and Rp 158 trillion in domestic investment, increases of 10.6 percent and 18.8 percent, respectively, from the past year. Another sector that can help attract investment and will be looked at after the next year is the creative economy industry, which Creative Economy Agency chairman Triawan Munaf called an excellent contributor to Indonesia’s gross domestic product (GDP) growth.
One particular aspect of the creative economy that will be focused on is the increasing number of cinemas in Indonesia, he said. “It remains a lucrative part of the creative economy, the prevalence of cinemas boosts the film industry as well,” Triawan said.
Previously, the head commissioner of PT Graha Layar Prima, Bratanata Perdana said that his company was targeting to open eight new cinemas in the near future, a plan that requires Rp 150 billion to Rp 200 billion. Graha Layar Prima is the operator of a number of CGV Blitz cinemas scattered nationwide.
Early this year, the government scrapped the film industry from the negative investment list, paving the way for new foreign investment. Thomas also added that the culinary and fashion sectors, which are parts of the creative economy, were also formidable factors in propping up exports and imports and thereby potentially increasing investment opportunities.
Number IV / January 2017 | Trade & Investment Bulletin 3
Number I | September 2016
The 10 tourism areas slated for development are:
Lake Toba, North Sumatra
Mount Bromo, East Java
Mandalika, West Nusa Tenggara
Morotai Island, North Maluku
Tanjung Lesung, Banten, West Java
Labuan Bajo, Flores, East Nusa Tenggara
Thousand Islands, Jakarta
Wakatobi, Southeast Sulawesi
Belitung Island, Bangka-Belitung
Yogyakarta, Central Java
The program will include infrastructures such as roads, sea ports, and airports to open access to these tourist destinations. The
government will also invite investors to build hotels and other supporting facilities in the areas.
Investment Facilities / Incentives in Tourism Sector
1. Tax Allowance for the development of Tourism Zone (ISIC 68120) is available in no condition. Refer to Government Regulation No. 18/2015
2. Import duty facility refers to Ministry of Finance Regulation No. 176/PMK.011/2009. It provides an exemption from import duty on machinery, goods and materials for an industry that produces services such as, Tourism and Culture, Transportation / Communications for Public Transport Services, Public Health Services, Mining, Construction, Telecommunications Industry, and Port.
3. Value added tax facility refers to Government Regulation No. 31/2007
For further information please contact, Directorate Sectoral Promotion BKPM via email: [email protected]
(Source: BKPM & the Jakarta Post)
4 Trade & Investment Bulletin| Number IV / January 2017
Indonesia Launches Online Services for Licensing with
Digital Signature
Coordinating Minister for Economic Affairs Darmin Nasution, Minister of Trade Enggartiasto Lukita, along with the Minister of
Administrative and Bureaucratic Reform (PAN-RB) Asman Abnur launch online license service with digital signature in Jakarta on
Friday (23/12)
Beginning January 1, 2017, online licensing service with digital signature will come into force effectively. The new service model is expected to reduce face-to-face meeting between the applicant and the licensor. By doing so, the potential for abuse of authority, for example, illegal levies, can be suppressed.
There will be four categories of services, namely licensing of foreign trade, domestic trade, standardization and consumer protection, as well as commodity futures trading.
There are 47 licensing is done via online with a digital signature, in which 34 permits are foreign trade licensing and 13 others are Domestic Trade.
According to Coordinating Minister for Economic Affairs Darmin Nasution, this breakthrough is expected to boost the
position of Ease of Doing Business (EODB) Indonesia.
Currently, Indonesia is ranked 91. "President Jokowi is targeting Indonesia to achieve rank 40 of 189 countries. With this breakthrough, we hope it will be realized," Darmin said at the launch on Friday (28/12).
From the information reported through the Coordinating Ministry for Economic Affairs site, there are two important aspects of online and digital signature permits. First is the innovation of services by the government, demanding a new mindset of the state civil apparatus (ASN). Second, good service will improve EODB rankings that could boost Indonesia's reputation.
To access the online licensing service, simply visit the official site of Ministry of Trade at:
http://inatrade.kemendag.go.id/ index.php/registrasi.
The applicant needs to submit the
application online on the website and
upload the soft copy of required
documents.
The Ministry of Trade will verify and go
through the submitted documents before
approving the applications. The Ministry
of Trade will further send an e-mail
notification in which softcopy of the
license is attached that may be printed
independently by the applicant.
(Source: Indonesian Finance Ministry)
Number IV / January 2017 | Trade & Investment Bulletin 5
Number I | September 2016
2017 will be Steady Year for Indonesian Firms: Moody's
Moody's Investors Services projects steady earnings growth for Indonesian corporations next year on the back of accelerating economic expansion, validating the debt rating agency's stable outlook on most of the companies' bonds.
Moody's expects the Indonesian economy to expand 5.2 percent from an estimated 5 percent growth rate this year, which would support corporate earnings growth of between 2 percent and 6 percent, it wrote in a report published on 14
th
December 2016.
"Higher commodity prices will benefit the oil and gas, palm oil and coal sectors, while state-owned entities will help the government fund and execute large infrastructure projects," Moody's said in the report.
Of the 41 Indonesian companies Moody's covered, 22, mostly banks and financial institutions, are rated as investment grade while the remainder remains at junk levels. In comparison, Moody's placed Indonesia's sovereign bonds at Baa3 – the lowest investment grade notch given by the agency – with a stable outlook.
Among the companies, 32 have a stable outlook on their debt ratings. A stable outlook meaning the company bonds rating may stay at the current level in the
medium term. Three companies have a positive outlook and only five have negative outlook with one company's rating being under review.
State energy company Pertamina's bond is rated at Baa3 with a stable outlook. Smaller rival Energi Mega Persada, a company controlled by the family of tycoon and politician Aburizal Bakrie, is rated with a highly speculative rating of B2, also with a stable outlook.
"Stronger than expected upstream earnings from oil-price gains will encourage oil and gas capital investments and acquisitions within the sector," the agency said.
"Priority infrastructure projects and the 35,000-megawatt power plant program will drive demand for the construction, building materials, and heavy equipment sectors," Moody's said.
State-controlled cement maker “Semen Indonesia”, state-owned gas distributor “Perusahaan Gas Negara” and heavy equipment distributors “United Tractors”
are among companies placed at investment grade of Baa3, all with stable outlooks.
In the property sector, Moody's says one-off transactions would likely become the main drive for revenue, but core "marketing sales are likely to remain weak."
The agency rates “Lippo Karawaci”, Indonesia's largest property company, at Ba3 or three notches below investment grade with a negative outlook. Rival “Alam Sutra Realty” is at the even lower speculative level of B2 with a stable outlook. Risk-averse investors may be better off investing in “Lippo Malls Indonesia Retail Trust”, a real estate investment trust that has an investment grade and a stable outlook.
Moody's expects consumer spending to rebound next year, supporting sales of property, automobiles, motorcycles, white goods and consumer electronics companies. "Upside potential is dependent on the stability of the rupiah and level of tax amnesty repatriation,"
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the agency wrote, referring to a government program that forgives back taxes on Indonesian taxpayer's hidden assets. Telecommunication companies could also expect a relatively stable business environment, with data revenue driving growth, Moody's wrote.
State-controlled “Telekomunikasi Indonesia” and its unit “Telekomunikasi Selular” are both placed at Baa1 – higher than Indonesia's sovereign bonds – with a stable outlook.
Smaller rivals XL Axiata's and Indosat's debts are only one notch below investment grade but their performance has a chance of improving over the medium term, Moody's said.
(Source: Jakarta Globe)
Fitch Ratings Revises Indonesia's Rating Outlook to
"Positive" Global credit rating agency Fitch Ratings affirmed Indonesia's long-term foreign- and local-currency issuer default ratings at 'BBB-' but revised the outlook from 'stable' to 'positive'.
The improvement is primarily attributed
to Indonesia's low government debt
burden and favorable economic growth
outlook, while structural reforms (the
government's economic policy packages
that have been launched since September
2015 as well as the tax amnesty program)
are gradually improving the nation's
business and investment climate.
Fitch Ratings further stated that it
considers Indonesia's sovereign's
exposure to banking sector risks as
"limited". Private credit represents only
36 percent of Indonesia's gross domestic
product (GDP) and the banking system's
health is relatively strong, although risks
built up in the previous credit cycle imply
a more challenging operating
environment.
Despite the challenging global economic
context, Indonesian authorities appear to
shift away from chasing their earlier (and
too ambitious) economic growth targets
and instead focus on macroeconomic
stability and structural changes that
should boost the economy in the longer
term.
Therefore, the Indonesian government
presented a realistic 2017 State Budget.
In fact, on some matters, the government
set an "un-ambitious" target (in an
apparent effort to over-deliver rather
than under-deliver). For example, in the
2017 State Budget, the Indonesian
government targets a economic growth
pace of 5.1 percent year-on-year (y/y),
while Fitch Ratings put its GDP growth
forecast for Indonesia at 5.4 percent (y/y)
in 2017 (and 5.7 percent in 2018) on the
back of structural reforms, monetary
easing and rising infrastructure spending.
Fitch Ratings has become more positive
about Indonesia's medium and long-term
economic growth due to the
government's reform efforts. Eye-
catching reforms include a reduction in
the number and duration of bureaucratic
procedures - reflected by a strong
improvement in Indonesia's ranking in
the World Bank's Ease of Doing Business
indicator from 106 to 91 - and a more
standardized approach to minimum wage
setting, which should prevent sudden and
steep minimum wage growth in Indonesia
(a big burden for foreign direct
investment).
However, Fitch Ratings also state that the
real impact of the government's reform
program on investment and GDP growth
will depend on the implementation and
to what extent the central government
continues to create a more conducive
investment climate.
Regarding the monetary and exchange-
rate policy of Indonesia's central bank
(Bank Indonesia) Fitch Ratings said it has
been effective in weathering market
turmoil, such as through ensuring
comfortable foreign-exchange buffers,
even though the policy stance could
potentially be tested again in 2017 amid
general emerging-market turbulence and
a strengthening US dollar.
However, Fitch Ratings sees Indonesia as
relatively vulnerable to shifts in market
sentiment because the nation is largely
dependent on commodities for its
exports and portfolio inflows to finance
its persistent current account deficit (that
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Number I | September 2016
is expected to rise slightly to 2.3 percent
of GDP in 2017 from 1.9 percent of GDP
in 2016).
Other structural weaknesses of Indonesia
include a low average per capita GDP (at
USD $3,576 compared with the 'BBB'
range median of USD $9,188), while
governance continues to be weak
(illustrated by a low score for the World
Bank's governance indicator at 41st
percentile versus the 'BBB' median of
58th percentile), and Transparency
International's corruption index (88th of
168).
Meanwhile, the issue ratings on
Indonesia's senior unsecured foreign- and
local-currency bonds and foreign-
currency Sukuk (Islamic bonds) - issued
through Publisher Company SBSN
Indonesia II and III - have also been
affirmed at 'BBB-' by Fitch Ratings.
Indonesia's Country Ceiling was affirmed
at 'BBB' and the short-term foreign- and
local-currency Issuer Default Ratings at
'F3', while the senior unsecured short-
term issues were also affirmed at 'F3'.
(Source: Indonesia Investments)
Credit Rating Indonesia:
Indonesia
Standard & Poor's Fitch Ratings Moody's
Rating Outlook Rating Outlook Rating Outlook
BB+ Positive BBB- Positive Baa3 Stable
Indonesia Footwear Industry The footwear industry is an important industry for Indonesia. It employs millions both directly and indirectly. The industry in recent years is showing a sign of robust growth after a period of intense global competition.
Indonesian firms have a long experience
in producing high-quality products. In this
era of globalization, Indonesian footwear
makers are pushing the limits further to
develop footwear with better designs and
footwear manufacturing systems that are
more efficient.
One can trace Indonesian industry to the
early 20th Century. In the 1920s, a
number of local workers of a Dutch shoe
factory left their jobs to start their own
shoe-making businesses. They became
the embryo of Cibaduyut shoe industry
cluster, with now has grown to around
800 businesses and annual production of
4 million pairs. This area becomes well-
known nationwide for their quality and
their competitive pricing.
Another landmark in modern footwear
manufacturing in Indonesia was in the
1940s when Bata, a Czech company, set
up its factory in what is now known as the
Kalibata (literally, “Bata stream” as the
locals came to name the neighborhood)
area of Jakarta. Mass footwear
manufacturing boom in the country
began in the 1970’s. Since then the
industry has continued to grow. Not only
they produce local brands or custom-
made footwear (the way most businesses
in Cibaduyut or Mojokerto do), but also
global brands.
There are so many foreign brands that
are produced in Indonesia, such as sport
shoe giants (Nike, Reebok, and Adidas),
designer brands (Benetton, Tommy
Hilfiger, and Pierre Cardin), and many
others.
8 Trade & Investment Bulletin| Number IV / January 2017
The manufacturing of Nike shoes may be
the most high-profile of all in recent
times. About 55 million Nike sports shoes
are produced in Indonesia, an estimated
USD 1.3 billion in value and considered its
largest production base. Production cost
is often cited as the main reason
multinationals move their production out
of industrialized nations.
Nevertheless, this doesn’t change the fact
that Indonesia has the infrastructure and
manufacturing capability to mass produce
high-quality shoes. It is no mean feat,
considering the rigorous standards
demanded by the brands and their
consumers.
Less well known by the general public is
Indonesia’s accomplishment in other
categories. There are few examples to
briefly illustrate this. Unicorn, for
example, has been producing safety
footwear since 1976 and boasts dozens of
Number IV / January 2017 | Trade & Investment Bulletin 9
Number I | September 2016
local and multinational corporations as
clients. Indonesia is also entrusted of
supplying a large quantity of NATO-
standard military boots. In the category
of HS 950670 (which includes ice skates
and roller skates), in 2008 Indonesia was
the 13th
largest supplier to Europe (with
over USD 6 million) and rank 3rd for
NAFTA countries (with more than USD
12.5 million)—both are stunning growth.
The most common material used for
footwear manufacturing is leather and
Indonesia possesses good quality leather.
Javanese cow-hide leather is one of the
highest quality leather types in the world.
Javanese cow-hide leather is typically
more flexible and less susceptible to
tearing compared to other types of
leather in the world. It is also found to
generally have a very little defect and
thus not much is wasted in the process of
footwear making. The unique property of
the Javanese cow-hide leather is due to
the unique climate and cattle-feed used.
All these factors support the Indonesian
footwear industry in its bid to face
competition in the international
marketplace.
The footwear industry in Indonesia has
grown in many locations around the
country. From small-shop footwear
makers to large internationally connected
manufacturers, one can find footwear
makers of all sizes and specialties in
Indonesia. The footwear industry in
Indonesia today consists of more than
250 registered industries.
These are however concentrated on the
island of Java and include such major
cities and urban centers, e.g. Jakarta,
Bekasi, Tangerang, Yogyakarta, Surabaya,
Sidoarjo, Bandung, and Garut. Small
manufacturers typically cater to domestic
markets. Medium to large-sized
manufacturers typically has some of their
manufacturing capacities used for
catering to foreign orders. While
manufacturing for the foreign market
remains strong, most large
internationally-exposed manufacturers,
however, also produce for the local
market. This will help them to cushion
any hard impacts from the fluctuations of
foreign demands.
The Indonesian footwear industry can be
proudly claimed as one of the best in the
world. It is also an export-oriented
industry. Indonesia exports 20 times as
many footwear as it imports. In addition
to makers of sports footwear and
sneakers, some of the world’s most
exclusive, luxurious (and expensive)
brands outsource their products’
manufacturing to Indonesia. Some
specialized Indonesian footwear
manufacturers are used to taking orders
from the exacting demands of foreign
buyers. They may even propose new
designs to the buyers, in addition to
taking design directions from them. Some
manufacturers even manufacture high-
end footwear products for exclusive
events all over the world, in addition to
exclusive European high-end brands.
(Source: Ministry of Trade of the Republic of
Indonesia)
Ten Largest Importers of Indonesian Footwear (HS64)
No Export Destination
Country 2010 2011 2012 2013 2014
In thousand US$
1 United States 564,083.5 721,690.5 890,483.9 1,032,671.4 1,120,594.7
2 Belgium 213,578.1 295,186.5 303,081.3 296,819.3 342,832.5
3 Germany 212,818.7 273,460.8 254,415.4 261,241.5 263,442.0
4 United Kingdom 196,495.2 226,679.8 227,562.2 220,502.4 246,839.0
5 Japan 99,939.6 143,349.0 176,394.1 216,136.0 229,528.6
6 Netherlands 150,718.2 209,630.1 194,678.9 193,895.3 174,028.0
7 Italy 164,602.2 187,771.1 146,548.3 137,769.9 135,253.4
8 Singapore 45,312.1 53,782.4 60,720.2 72,830.8 64,129.3
9 Spain 37,398.7 52,899.6 50,470.7 45,067.0 47,381.1
10 Slovakia 24,125.8 18,630.4 18,534.1 17,330.8 8,269.5
Others 792,777.5 1,118,862.4 1,201,703.1 1,366,129.5 1,476,150.4
Total 2,501,849.6 3,301,942.6 3,524,592.2 3,860,393.9 4,108,448.5
Source: BPS –Indonesia Statistics Bureau
10 Trade & Investment Bulletin| Number IV / January 2017
Wakatobi National Marine Park, Underwater Paradise in
the Heart of Asia-Pacific Coral Triangle
akatobi is widely recognized as having the highest number of reef and fish species in the
world. The islands are also famous as the largest barrier reef in Indonesia, second only to the Great Barrier Reef in Australia. Here can be found fringing, atolls, and barrier reefs and offer more than 50 spectacular dive sites easily accessible from the major islands. This is the habitat of large and small fish species, the playground of dolphins, turtles, and even whales.Wakatobi alone is said to have 942 fish species and 750 coral reef species from a total of 850 of world's collection, which comparing with the two world's famous diving centers, the Caribbean Sea owns only 50 species with 300 coral reef species in the Red Sea, in Egypt.
Due to its magnificent underwater life, Wakatobi is fast gaining worldwide attention for its quality dives for beginners and professionals. Aside from its dive sites, Wakatobi has many superb beaches. The conservation group “Operation Wallacea” is very active in this marine park, conducting underwater research and conservation. During the Sail Wakatobi 2011 in August, a Marine Laboratory on Hoga Beach by Kaledupa was officially
inaugurated. The District capital of Wakatobi is Wanci on Wangi-Wangi. Since the opening of the Matohara Airport on Wangi-Wangi, these remote islands are now more accessible and can be reached by flights from Jakarta or Makassar. There is also another landing strip on Tomia island, which receives charters from Bali.
Get There Xpress Air is the only regular airline that flies from Jakarta to Bau-Bau, in Southeast Sulawesi, and continues to land on Wakatobi’s Matohara Airport on Wangi-Wangi. From here you must take a boat to Wakatobi. The Wakatobi Dive Resort operates Charter flights so they can pick up passengers from Bali arriving direct on the island of Tomia.
W
Number IV / January 2017 | Trade & Investment Bulletin 11
Number I | September 2016
Photo: Shawn Levin, Wakatobi Dive Resort
Photo: Didi Lotze, Cooking Class, Wakatobi Dive Resort
12 Trade & Investment Bulletin| Number IV / January 2017
JANUARY 18-19 January 2017
Internet Retailing Expo Indonesia
26 January 2017 Global Mobile App Summit and
Awards
MARCH 11-14 March 2017
Indonesia International Furniture Expo (IFEX)
16-19 March 2017 Megabuild Indonesia
Keramika
22-24 March 2017
- Convention on Pharmaceutical Ingredients South East Asia
-International Palm Oil Exhibition
APRIL 19-21 April 2017
Indo Intertex
26-27 April 2017 Hospitality Investment
Conference Indonesia (HICI)
26-30 April 2017 INACRAFT Show
27 April - 7 May 2017 Indonesia International Motor
Show
MAY 17-19 May 2017
Indo Livestock Expo
May 2017 Gas Indonesia Summit &
Exhibition (GIS)
JUNE 28 June - 1 July 2017
- 3rd World Conference on Business and Management
(WCBM 2017)
JULY 12-14 July 2017
- Indo Security Expo & Forum
- Indonesia Fire Expo (IndoFirex) - Indo Water
AUGUST 09-12 August 2017
East Food Indonesia
August 2017 Indonesia Marine Offshore Expo
(IMOX)
15-16 August 2017 - Indonesia International Sugar
Conference (IISC)
23-25 August 2017 Inamarine
OCTOBER 10-12 October 2017
Indonesia Maritime Expo
18-20 October 2017 International Livestock Dairy
Expo (ILDEX)
25-27 October 2017 Communic Indonesia
NOVEMBER 01-04 November 2017
Indonesia Pharmaceutical Expo (IPEX)
22-25 November 2017 Sial Interfood
DECEMBER 06-07 December 2017
Airport Solutions Indonesia
Trade Fairs, Expos, and Exhibitions
in Indonesia