Business Data

Indonesia shipping report Q2 2013 : includes 5-year forcasts to 2017

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Since our last quarterly shipping report, we have become more optimistic about Indonesia's macroeconomic outlook in 2013. With the US, Europe, and China looking at economic rebounds of differing intensities, the external environment has become more favourable. After a tough year in 2012 the global mining industry is looking more upbeat, with key metal commodity prices likely to improve. While we had expected mining investment to take a hit in 2013, we now think it will be quite resilient. Although we are concerned over Indonesia's increasingly protectionist stance on mining (it plans to ban unprocessed mineral exports in 2014 as a way of ensuring that more value-added refining and processing remains within the country) this is not yet making a serious dent in FDI inflows. Bearing these factors in mind, we now forecast that after 6.2% growth in 2012, Indonesian GDP will advance by a further 6.1% in 2013 (higher than our previous forecast of 5.6%). In fact, over the next five years annual GDP growth is set to average 6.4%, confirming the country's status as one of the top performers in Asia. As far as the shipping sector is concerned, we continue to think that the key to sustainable growth is investment in port infrastructure, including road and rail links in the hinterland areas. We are encouraged to see some evidence of progress on this front.

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Ketersediaan

Informasi Detail

Judul Seri

Part of BMI’s Industry Report & Forecasts

No. Panggil

BD BMI i

Penerbit

London : BMI Research., 2013

Deskripsi Fisik

158 p.

Bahasa

English

ISBN/ISSN

2040-9745

Klasifikasi

BD

Tipe Isi

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Tipe Media

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Tipe Pembawa

online resource

Edisi

-

Subjek

indonesia
SHIPPING REPORT

Info Detail Spesifik

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Pernyataan Tanggungjawab

BMI Research

Versi lain/terkait

Lampiran Berkas

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