International Farming Modern technology Expo is the first major occasion in Indonesia that concentrates on farming as well as farming industry. This occasion will end up being the cornerstone for Indonesia in recognizing the vision to focus on farming as well as farming as one of the crucial financial motorist.
Given its posture, the property development in Indonesia will come to be the foundation for Southeast Asia region in enhancing the farming and agriculture market. The country holds the stature as the prime producer of hand oil as well as a leading international producer of cocoa, rubber as well as coffee.
The massive effectiveness of Indonesia are be the largest point that bring in companies to display their finest capabilities in agricultural machines & devices, farming technology, farming administration & services along with food handling modern technology & tools. Great deals of visitors will originate from various background ranging from representative & representative, end-consumers, farm contractors, food & beverages sector, food firms and also lots of others.
There will be bunches of opportunities for all events to utilize in this event. Principal will have the ability to convene and also generates originalities to improve manufacturing price and also rise manufacturing top quality. This event is the ideal possibility to attract attention in the upcoming age of farming as well as farming industry in the region.
Foreign Direct Investment & Gross Domestic Product – Going Strong
- Net foreign direct and portfolio investment into Indonesia totaled US$23.2 billion in 2013, according to official balance of payments (BOP) data.
- The country’s Gross Domestic Product reached US$868.3 billion as of 2013, increasing by 6.15% for the past three years since 2010.
- In 2012, agribusiness sector contributed 23.44% of Indonesia’s total GDP. The plantation sub-sector (food crops, plantation crops and others) is the largest contributor at 77%.
Agricultural Industry – Positive Outlook
- The seventh President Joko “Jokowi” Widodo has made a clear statement as quoted from Tempo, stating that “Farming and agriculture, along with the energy, are what drive our economy. These have become our focus.”
- Currently, Indonesia is considered to be the world’s largest producer of palm oil and a leading global producer of cocoa, rubber and coffee.
- With a population of around 240 million, as the fourth most populated country in the world, Indonesia has a growing demand for food consumption with growing population likely to reach 280 million by 2030.
Consumption Pattern – Growing for Quality
- Indonesia is considered to be the world’s fastest growing consumer market after India and China. GDP reached US$1.2 trillion in 2012 and is growing steadily at around 6% annually.
