The Indonesia International Building Materials Exhibition (INDOBUILDTECH) is the largest construction and building materials exhibition in Indonesia. The exhibition is one of a series of multi-national building materials exhibitions organized by the British ITE Exhibition Group. The exhibition has been successfully held for 19 times since its inception in 2003. It has received strong support from government departments or associations such as the Indonesian Ministry of Industry, Ministry of Commerce, and Federation of Industry and Commerce. After more than ten years of development, the exhibition has developed into one of the most popular exhibitions in Southeast Asia. Building Materials Market Indonesia’s comprehensive and prestigious building materials exhibition.
1. Exhibition information
Exhibition name: INDO BUILD, Jakarta, Indonesia Construction and Building Materials Exhibition
Held period: once a year
2. Review of past sessions
The last Jakarta International Building Materials Exhibition in Indonesia attracted more than 500 exhibitors from 17 countries and regions around the world. The exhibition area exceeded 50.000 square meters and attracted more than 75.000 professional visitors. During the exhibition, many exhibitors and purchasers reached cooperation intentions, effectively promoting international exchanges and cooperation in the construction and building materials industry. With its outstanding scale, rich exhibits and extensive international participation, INDO BUILDTECH has once again consolidated its presence in Southeast Asia and even in the world. A leading position in the global construction and building materials industry.
3. Highlights of the exhibition
Wide influence: As one of the most influential construction and building materials exhibitions in Indonesia and even Southeast Asia, INDOBUILDTECH has attracted a large number of professional visitors and purchasers, providing exhibitors with an excellent opportunity to expand the market and establish cooperative relationships.
Capital relocation plan: The implementation of Indonesia’s capital relocation plan will drive the construction and development of the new capital area and further increase the demand for building materials products. The exhibition provides exhibitors with the opportunity to seize this historical opportunity and expand the market.
Green Building Materials Area: The exhibition has specially set up a green building materials area to focus on displaying low-carbon, environmentally friendly, and recyclable building materials and solutions. These green building materials not only help reduce carbon emissions and resource consumption during the construction process, but also improve the energy efficiency and living comfort of the building.
Sustainable development concept: The exhibition advocates the concept of sustainable development, encourages exhibitors to display and promote green building materials and technologies, and contribute to the development of green buildings in Indonesia and Southeast Asia.
4. Market analysis
1. The Indonesian commercial construction market size is expected to be US$30.99 billion by 2024, and is expected to reach US$45.64 billion by 2029, with a compound annual growth rate of 8.05% during the forecast period of the forecast model (2024-2029). It is expected that Indonesia will become a high-income country by 2045, with its GDP ranking fifth in the world. The country’s political stability and its rapidly urbanizing population will continue to drive demand for the construction industry.
2. The Indonesian construction industry continues to be in good shape, with low inflation, political stability, high credit ratings and responsible macroeconomic policies supporting strong development prospects. Investors are urged to seek out local partners with experience and strong networks so that they can gain an edge in Indonesia’s highly competitive construction market.
3. Indonesia’s medium-term national development plan for 2022-24 mainly focuses on the development of infrastructure across the country. As part of the plan, commercial construction will further grow and increase public and private investment. But as state-owned enterprises gain the funding and development opportunities they need, upskilling based on state-of-the-art technology will be a challenge for small-scale private competitors. Finding social capital in PPP models has become challenging as unhealthy competition is increasingly rampant. Investments worth $400 billion have entered the infrastructure pipeline, compared with $350 billion in the Jokowi administration’s previous infrastructure plan.
Indonesia’s medium-term national development plan for 2022-24 focuses on the development of infrastructure across the country. As part of the plan, there will be further growth in commercial construction and increased public and private investment. But as state-owned enterprises gain access to needed funding and development opportunities, upskilling based on state-of-the-art technology will be a challenge for small-scale private competitors. Finding social capital in PPP models has become challenging as unhealthy competition is increasingly rampant. Investments worth $400 billion have entered the infrastructure pipeline, compared with $350 billion in the Jokowi administration’s previous infrastructure plan.