kA Testing Facility will be exhibiting at Electric, Power & Renewable Energy Indonesia. The exhibition is held from 4th to 7th September 2013 at Jakarta International Expo Kemayoran. Visit us at stand A-250 to discuss testing and certification to IEC61439.
Indonesia : Asia’s economic powerhouse
Indonesia has emerged as a rapid growing Asian economic powerhouse, and its international profile continues to grow with its participation in the G-20 and other international economic forums. Indonesia’s growing leadership role in the global economy forms a strong ground for building and expanding international trade and investment ties. To allow for that Indonesia has freed up most of its international investment laws to encourage direct foreign investment.
The amount of money allocated to develop infrastructure in Indonesia is vast, and is estimated to reach US$194.7bn with US$73.3bn of that specifically allocated to developing power and energy infrastructure (G20).
With the government implementing 11 key reforms to boost foreign investment and promote growth through streamlining the process of starting a business in Indonesia, foreign direct investment (FDI) is predicted to reach US$22.5 billion in 2013.
The Indonesian government is projecting electricity demand to increase by 9.5% annually for the next five years. A substantial portion of the growing demand will come from continued electrification as traditional wood, charcoal and kerosene energy sources are replaced by electricity. National electrification rates are projected to hit 93% by 2025.