Economy, Business And Markets

Iran in Indonesia Construction Expo

Iran  in Indonesia Construction ExpoIran  in Indonesia Construction Expo

An international building and construction exhibition titled ‘Big 5 Construct Indonesia’ ended in Jakarta on Saturday. As IRNA reported, 200 companies from 20 countries including the US, Germany, Italy, France, Singapore and India as well as Iran showcased a variety of products such as construction materials, air conditioning systems and security systems in the three-day event. The exhibition was visited by the Iranian ambassador to Jakarta, Valiollah Mohammadi. In recent years, the ‘Big 5’ brand has been successfully launched in countries like Saudi Arabia, Kuwait and India. The events bring together a unique mix of international exhibitors and major regional buyers of construction products. Indonesia, with a population of 250 million, is a perfect market for construction materials producers and construction firms. The construction sector accounted for 9.88% of the southeastern Asian country’s GDP in 2014. Iran plans to support private companies to participate in Indonesia’s construction and development plans.