News this week: Hannover Fairs
International, a subsidiary of Deutsche Messe, has been named
as the operator of the new Indonesia Convention Exhibition (ICE) centre. ICE is
currently under construction in BSD City located on the outskirts of Jakarta,
and is expected to open in early 2015. The new venue will reportedly consist of
50,000 m2 of indoor exhibition space, 50,000 m2 of
outdoor space, and a convention centre offering 4,000 m2 of floor
space.
The contract signing took place in Jakarta on 8th July 2014 with
venue investors PT Indonesia
International Expo (PT IIE) and Media Sinar Global (MSG), and Hannover Fairs International.
PT IIE is a subsidiary of Sinarmas Land
Group and Kompas Gramedia
Group, one of Indonesia’s leading real estate developers and media companies,
respectively.
Danny Budiharto, PT IIE’s president director, said, “With a total
investment of Rp3.8 trillion (US$327 million), we believe our investment will
not only benefit us, but also the city, which currently has only two convention
centres namely the Jakarta Convention Center and JIEXPO in Kemayoran. We hope
that this will also help boost the growth of the MICE business in Indonesia.”
This post is excerpted from BSG's weekly e-newsletter
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