In the years following the 1997-98 Asian financial crisis Indonesia’s economy experienced robust growth, a result of the commodities boom of 2001-12, spurred in part by the exponential development of both India and China. During this period the country averaged 6% annual GDP growth. However, by 2013 approximately one-third of the government’s budget was being channelled into unprofitable…
As an economy largely dependent upon private consumption and commodity prices, Indonesia’s property market is sensitive to fluctuations in both areas. Since the Asian financial crisis of 1997-98 Bank Indonesia, the central bank, has been understandably cautious whenever market anomalies are identified. As a result, a deceleration in economic growth in 2014-15, coupled with rising property…
Interview:Niko Safavi In what ways are eco-friendly materials and sustainability-focused research and development (R&D) impacting the construction sector? NIKO SAFAVI: Sustainability is not a fad but a priority for our customers that, if ignored, will negatively affect the long-term health of the market. Our R&D team is focused on prioritising raw ingredients and manufacturing processes…
Interview:Wong Heang Fine How can new technologies be leveraged to assist urban developments in the medium term? WONG HEANG FINE: Technology is paving the way for data and analytics to make a major impact on infrastructure development and sustainability. To begin with, everything needs a master plan. We use digital twin technology in our design process, which creates a digital representation…
Indonesia’s economy averaged 6% annual GDP growth in the years following the 1997-98 Asian financial crisis. However, by 2013 approximately one-third of the budget was being channelled into unprofitable fuel subsidies at the expense of infrastructure development. This meant that industry and transportation did not develop in line with economic gains, stunting growth of the construction sector in…
The event was held in the presence of H.E. Luhut Binsar Pandjaitan, Coordinating Minister for Maritime Affairs and Investment and featured a panel of key thought leaders in this field. Jakarta – and Indonesia’s urban centres – are facing tremendous strain in the face of over-population, congestion and pollution. Smart infrastructure technologies have the ability to address many of these key challenges. Digitalisation…
The event is held in order to support government’s focus on delivering priority infrastructure project towards Indonesian construction future. This 17th edition event will take place on 6-8 November 2019 at Jakarta International Expo Kemayoran. KI 2019 continues to provide the perfect platform for companies from across the entire construction supply chain to access the local market and connect…
From 206 BCE to 220 CE China’s Han dynasty fostered a booming trade industry for silk, a precious commodity in high demand among the elites of the Mediterranean. The Silk Road was the name given to the network of trade routes connecting the East and West at the time. Later, spices and other precious cargo would be traded using the system, fostering not only economic, but also cultural links between…
Therefore, PT. Debindo ITE chose Jakarta Convention Center (JCC) as the venue for IndoBuildTech Expo 2019 2nd Phase. JCC is located in the middle of Jakarta, near several business and retail districts, making IndoBuildTech Jakarta 2nd phase a prime exhibition for not only B2B and B2G, but also B2C. There will be many great deals and special discounts offered at the exhibition. Show Name :…
About full spectrum of products, technology, and building services for building mechanical electrical, smart building, building automation, building transportation system, HVACR + energy efficiency solution, renewable energy, facility management, security and safety solution, and services. Provider in mechanical and electrical can be a reference for building engineers to meet the needs of building…
