The population of Indonesia  is the fourth-largest in the world.  Building material companies are growing as a result of the increased industrial activity.  Lafarge Holcim  has just completed construction of a cement plant in East Java.  This is a clear sign of the growth that Indonesia is experiencing in its building materials industry. 

Home to the world's 16th largest economy, Indonesia is booming thanks to the country's domestic consumption and productivity growth.  The country also has a young population and is quickly urbanizing, which is powering the growth in income. 

 

The age structure of the population is an important driver of construction demand.  The higher the dependency ratio, the greater the requirements for housing.

 

The growth of Indonesia's consuming class is stronger than any economy of the world apart from China, which is a key signal to international businesses who are looking for considerable investment opportunities. An additional 90 million Indonesians are expected to join the global consuming class by 2030, which is the largest increase anticipated in any other country apart from China. 

Furthermore, Indonesia's population is forecast to increase at an average rate of 0.8% per annum between now and 2025.  The GDP growth is expected to increase at an average of 5.4% per annum during the same period, and its construction output to increase at an average of 6.5% per annum. 

 

Indonesia today is the 16th largest economy in the world; 4th most populated city in the world; 33% of ASEAN's GDP; 53% of the population in the cities producing 74% of GDP; 55 million skilled workers in Indonesia and 800,000 housing units required each year to cope with urbanization.

 

This is a clear sign that the construction materials industry in this country is growing rapidly.  With more and more major international firms investing in Indonesia, there is space for both large companies and smaller enterprises to make a profit working with the building industry. 

 

Indonesia consists of more than 14,000 islands.  Java contains half of the population of Indonesia. Jakarta, the capital of Indonesia, is located on the North-West Coast of Java.  It is  economic, cultural and political Centre of Indonesia.

 

Indian companies  would find Indonesia as a potential export market. There is a good scope for exporting marble and granite blocks, polished marble and granite slabs and tiles, stone working machines, diamond tools and other consumables. 

 

Participation of Indian exporters in first international exhibition, WorldStone Indonesia, to be held from 25th – 29th May, 2016 at Indonesian Convention Exhibition (ICE), Jakarta, would be rewarding.