– Towards the Automotive Future through GIIAS 2017

JAKARTA, INDONESIA, Mar 27, 2017 – (ACN Newswire) – The GAIKINDO Indonesia International Auto Show (GIIAS), enthusiastically received by Indonesian industry and automobile lovers alike as a fully international automotive exhibition in 2015 and 2016, returns to the Indonesia Convention Exhibition (ICE), BSD City Tangerang on the 10th-20th August for GIIAS 2017.

With the theme being “Rise of the Future Mobility”, GIIAS 2017, the 25th GAIKINDO automotive exhibition, is an automotive event that demonstrates the spirit and commitment of GAIKINDO in developing and preparing the Indonesian automotive industry for the future.

Yohannes Nangoi, Chairman of GAIKINDO, said, “GAIKINDO has always been committed to the development of the Indonesian automotive industry. The theme “Rise of the Future Mobility” was chosen because it represents the GAIKINDO spirit to build and raise up the Indonesian automotive industry for the future.”

The global auto industry has changed considerably due to breakthroughs in technology, ranging from the use of electricity with lower emissions to autonomous vehicles (vehicle without a driver), thought to become a reality in the near future. This shift convinced GAIKINDO to build and develop an automotive industry that was prepared to face globalization as it happens across the automotive world.

“Developments in the Indonesian automotive industry have not reached that point yet, but globalization is pushing the national industry to prepare, and to continue building and developing in order to keep up with the global automotive industry,” he explained.

Supported by OICA, GIIAS is a World Class Auto Show Series

GAIKINDO’s commitment, as a member of OICA, is organizing international automotive exhibitions of excellence. As the sole automotive exhibition in Indonesia that has gained the recognition and accreditation from OICA (Organisation Internationale des Constructeurs d’Automobiles), GAIKINDO believes that GIIAS 2017 will again receive the warmest welcome and the enthusiasm of the public.

Rizwan Alamsjah, Organizing Committee Chief of GIIAS 2017, affirms that GIIAS, as the sole auto show organized by GAIKINDO, is an attempt to propel Indonesia’s automotive industry forward towards the future. Rizwan added that GIIAS is an event that aims to bring industry, government and the public directly together, making GIIAS an event that not only encourages the public towards an in-depth understanding of the latest developments in the Indonesian automotive industry, but also educates regarding the latest developments in the global automotive industry.

“GIIAS is intended to be a two-way window: it provides an overview for the people of Indonesia on the progress of the global automotive world. And through the wide range of latest product presented by the participants, GIIAS is a mirror of Indonesia’s automotive industry reflecting on the international market. We hope that GIIAS both stimulates growth for the domestic market and leads to increased Indonesian industry exports,” he said.

GIIAS 2017 Attracts the International Automotive World

In line with its theme, the GIIAS exhibition concept is no longer merely a platform to sell automotive products, GIIAS is an exhibition that promotes the advancement and development of automotive technology. GIIAS’s future is expected to be a reference for all stakeholders in the Indonesian automotive industry, as a place to gain insight and a place to exchange the latest information about the automotive industry.

Yohannes Nangoi, Chairperson of GAIKINDO, highlighted GAIKINDO’s eagerness to continuously develop GIIAS’ organizing standard. “We want GIIAS to become a World-Class Auto Show to be reckoned with, and we need to improve ourselves. What has been running well will be much better,” he said, adding that at the OICA meeting in October 2016 a representative from the world automotive industry had expressed appreciation for Indonesia’s automotive industry development, which was reflected in the GIIAS exhibition last year.

Romi, Seven Event’s President Director who also acts as an organizer of GIIAS 2017 agrees with the statement, “In accordance with the ‘Rise of the Future Mobility’ theme, the GIIAS exhibition will focus on presenting advances in the Indonesian automotive industry through various cars in the exhibition as well as innovations implemented by the participants.

“As an event that marks GAIKINDO’s first steps to building and expanding the Indonesian automotive industry into the future, we assure all that GIIAS 2017 will continue showing the exhibition’s values. There are not only attractions for members of the public but also for the vehicle’s brand. Therefore, they will keep registering to take part in GIIAS 2017,” said Romi.

At GIIAS 2016, 36 products from Agent licensee (APM) participants were successfully introduced, including 26 product launches, 1 world premiere, 2 ASEAN premieres, 19 Indonesian premieres and 14 concept cars. Concept car attendance figures and brand holder agencies preference to launch their latest products at GIIAS proves GIIAS’ attraction and credibility as an international exhibition that has obtained acknowledgement from the OICA.

As of early March 2017, 29 brands from sole agents and GAIKINDO members were registered. This figure consists of 21 passenger vehicle brands, such as Audi, BMW, Chevrolet, Daihatsu, Datsun, Honda, Hyundai, Isuzu, KIA, Lexus, Mazda, Mercedes-Benz, MINI, Mitsubishi Motors, Nissan, Renault, Suzuki, Tata Motors, Toyota, VW, and Wuling. Eight commercial vehicle brands, DFSK, FAW, Hino, Hyundai Commercial, Isuzu, Mitsubishi FUSO, Tata Motors, and UD Truck, have registered to participate in GIIAS 2017 – BSD.

Without a doubt, GIIAS 2017 will present the latest products and innovations from all participants, which has always been GIIAS’ main attraction.

About GAIKINDO Indonesia International AUTO SHOW (GIIAS)

GAIKINDO hosted the very first Indonesian Autoshow in 1986. In 2006 the exhibition reached a new level, becoming an international-scale exhibition endorsed by OICA (Organisation Internationale des Constructeurs d’Automobiles), and changing its name to Indonesia International Motor Show (IIMS), and in 2009 moved to a larger venue in Jakarta International Expo – Kemayoran.

In 2015 a new chapter began, as the GAIKINDO Indonesia International AUTO SHOW (GIIAS), now the largest in Southeast Asia, held at the spacious Indonesia Convention Exhibition – Bumi Serpong Damai (ICE – BSD), a new destination of the MICE industry in Indonesia. GIIAS 2016 occupied 96,557 sqm, providing maximum convenience for visitors, transportation systems for easy access, and a series of shows that are both entertaining and educational. For more information, please visitwww.indonesiaautoshow.com.

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November 26, 2014 – The V8i (SELECTseries 5) update of SewerCAD, SewerGEMS, StormCAD, and CivilStorm is scheduled for simultaneous release in 2015 with Bentley’s upcoming Subsurface Utilities Design and Analysis (SUDA) product. SUDA and the sewer and stormwater products will share the same file format, ensuring full compatibility and enabling information mobility without the need for file conversions.

Gregg Herrin, Bentley Systems director, product management, hydraulics and hydrology, said, “Bentley’s sewer and stormwater analysis and design products are typically used for site development, roadway, or municipal projects. The release of SUDA will combine the automated hydraulic design functionality of our sewer and storm products with the physical design and terrain modeling capabilities of Bentley’s civil products. SUDA files can be used directly in the sewer/storm products (and vice versa), without the need for importing and exporting. The shared format of these products will enable SUDA users to have seamless access to advanced hydraulic capabilities.”

In addition to sharing the same file format, SUDA and the V8i (SELECTseries 5) release of the sewer and stormwater products will also share other common functionality, such as access to online content libraries, and inclusion of new lateral pipe elements.

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For the haulage of foundry coke, ThyssenKrupp Metallurgical Products is now using efficient Black BoxXes. The raw materials experts of the ThyssenKrupp Group have relocated the supply chain for this sensitive product from truck to train. This innovative logistics method means that weekly two trains will be traveling from Poland and one from the Czech Republic to Germany and Denmark. Each train carries 54 Black BoxXes each with 27 t of coke.

Altogether around 200,000 t of coke is hauled annually in this fashion, replacing some 8,000 truck haulages and about 6.4 million road kilometers.

“The new procedure is much more cost efficient and kinder to the environment compared with the road haulage used up to now. It’s also easier on the sensitive coke which is now rehandled less frequently,” says Kai-Norman Knötsch, General Manager, ThyssenKrupp Metallurgical Products.

About ThyssenKrupp

ThyssenKrupp Metallurgical Products GmbH is part of the ThyssenKrupp Group and one of the world’s leading commodity trading companies. The company pools resources and technical expertise to provide solutions for virtually all applications in the metallurgical industry. With exceptionally good connections on the raw material markets, in part exclusive marketing rights and end-to-end quality surveillance, the company offers the best possible price/performance ratio for its products. Its close cooperation with the LME (London Metal Exchange) and the expertise of its in-house Metal Hedging Competence Center (CCMH) – which is also sought-after Groupwide – makes MetPro the first-choice partner for international customers. Services include product preparation, coke, coal and petcoke trading, warehousing, the sale of advanced furnace technology and trading of industrial gases, natural gas, electricity, high-quality coal products and industrial minerals.

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3D Constructible Models Link Project Design to Field Construction

August 19, 2014– Trimble (NASDAQ: TRMB) and Bentley Systems recently announced the next advance of information mobility between project design and field construction. Using Bentley’s ProjectWise collaboration servers and services, along with its i-model technologyfor the open exchange of infrastructure information, and Trimble’s Business Center – HCE office software, an integrated workflow for road and site construction is now possible. The U.S. Federal Highway Administration, as part of its “Every Day Counts” vision, has recognized that using 3D models with GPS-enabled heavy equipment for road construction can increase productivity by up to 50 percent. Trimble and Bentley are at the forefront of enabling this vision by joining forces to optimize the transfer of information-rich 3D engineered models to 3D constructible models.

The announcement was made today at the Transportation Research Board AFB80 2014 Summer Committee Meeting.

Bentley’s V8i (SELECTSeries 3) civil engineering software, powered by OpenRoads, generates i-models from detailed designs that are managed by ProjectWise and can be easily transferred to Business Center – HCE for construction preparation and management. Business Center – HCE uses Bentley’s i-models to streamline the creation of 3D constructible models from the final contract drawings. To optimize construction management processes and maximize information transfer, Trimble^® Connected Site^® technology can then be used to send the designs wirelessly to machines and field systems on the construction site.

Design and engineering teams can use Bentley’s ProjectWise to link construction and design offices. Contractors will have the ability to collaborate more effectively with designers on the constructible model by connecting Business Center – HCE directly to ProjectWise, so design information can be retrieved in the i-model. This integrated and managed workflow can enable more efficient bidding and estimating, faster project approvals, reduced change orders and shortened construction timelines.

“Accessing Bentley’s 3D i-models gives users of Trimble construction solutions the ability to optimize design-construct processes, and strengthen collaboration between the engineer and the contractor to reduce project costs and schedules. Optimizing processes between engineered models and constructible models are key for construction project success,” said Roz Buick, vice president and general manager of Trimble’s Heavy Civil Construction Division. “Ultimately, this efficiency can result in significant savings for all stakeholders on the project, including owners.”

“In 2012, Trimble and Bentley announced a strategic alliance to help engineers and contractors work smarter, collaborating together, through advanced information mobility. The ultimate goal was to further the connection and alignment between the virtual and physical environments for infrastructure and site projects, reducing project risk and increasing productivity. The newly announced integrated workflow moves us a step closer to that objective by facilitating information mobility between the design office, construction site and the field,” said Harry Vitelli, vice president, construction and field, Bentley Systems.

The integrated workflow for road and site construction from Trimble and Bentley is expected to be available in the third quarter of 2014.

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Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister released the document ‘Economic Outlook 2013-14’ at a Press Conference in New Delhi today. Following are the highlights of the document:

Ø  Economy to grow at 5.3% in 2013-14

• Agriculture projected to grow at 4.8% in 2013-14 as against 1.9% in 2012-13. The early and good monsoon had a huge positive impact on sowing activity. The reservoir position in the week ending August 29, 2013, was 29 per cent better than the average of the last 10 years. Thus both kharif and rabi crops are expected to be good.
• Industry (including manufacturing, mining and quarrying, electricity, gas, water supply and construction)projected to grow at 2.7% in 2013-14 as against 2.1% in 2012-13. Manufacturing sector projected to grow at 1.5% in 2013-14 as against 1 % in 2012-13.
• Services projected to grow at 6.6%in 2013-14 as against 7.1% in 2012-13.
• The Council expects the growth rate in 2013-14 to be higher than it was in 2012-13. Apart from the substantially improved performance of agriculture, the other sectors of the economy will also perform better in the second half of 2013-14 for three reasons
  • The full impact of various measures taken over the last six months will be reflected later in this year
  • Strong emphasis is being laid on improving the performance of key infrastructure sectors that lie in the public domain such as coal, power, roads and railways
  • Continuous efforts are being made to remove the bottlenecks in the implementation of projects

Ø  Structural Factors

• Domestic savings rate decline of 6% between 2007-08 and 2011-12 almost entirely on account of a decline of 3.7% in public sector savings and 2.2% in private corporate savings.
• Decline in net financial savings of households to 8 per cent in 2011-12 from 11-12 per cent in years prior to 2010-11.
• Investment rate projected at 34.7% of GDP in 2013-14 as against the estimated 35% in 2012-13.
• Domestic savings rate projected at 31% of GDP as against the estimated 30.2 % of GDP 2012-13.

• Domestic Inflation

• During 2013-14 the good performance in agriculture will have a moderating effect on food inflation,depreciation of the rupee may put some upward pressure. On balance, WPI inflation by end March 2014 will be around 5.5 percent as against the average of 7.4% in 2012-13 and 5.7% at end March 2013.
• Difference between WPI and CPI widening in recent months primarily on account of higher weightageof food items in CPI.

Ø  External Sector: Controlling CAD remains main concern at present.

• Current Account Deficit projected at $70 billion (3.8% of GDP) in 2013-14 against an estimated $88.2 billion (4.8% of GDP) in 2012-13.

o   Merchandise trade deficit projected at $185 billion (10.1% of GDP) in 2013-14 against an estimated $195.7 billion (10.6% of the GDP) in 2012-13

o   Net invisibles earnings projected at $115 billion (6.3 % of GDP) in 2013-14 against an estimated $107.5 billion (5.8 % of GDP) in 2012-13.

• Between 2010-11 and 2012-13, the combined impact of higher net oil and net gold imports on the CAD was almost $57 billion or 3.0 percentage points of GDP. This was equivalent to 87 per cent of the aggregate deterioration in the merchandise trade balance of $65 billion during the period.
• The CAD may go even below $ 70 billion in 2013-14 if the recent trends in exports and imports are maintained through the year.
• Net Capital flows projected at $ 61.4 billion(3.4% of GDP) in 2013-14 against an estimated $ 89.4 billion in 2012-13, the second highest level to date.

o   Net FDI inflows in 2013-14 projected at $21.7 billion against an estimated $19.8 billion in 2012-13.

o   Net FII inflows projected at $ 2.7 billion in 2013-14, even though data up to end of August shows a negative outflow. The commensurate figure is estimated at $ 17 billion in 2011-12 and $27 billion in 2012-13.

o   Total inflows under the head of loans (ECBs and short-term loans)projected at $22 billion in 2013-14 as against an estimated $31.1 billion in 2012-13.

o   Total banking capital inflows projected at $ 18 billion in 2013-14 against an estimated $ 16.6 billion in 2012-13.

• External Value of the Currency:
• EM currencies have sharply depreciated in 2013, especially since May (after the US Fed Chairman’s statement). Those with large current account deficits, high inflation and weakening growth have depreciated the most.
• For India, the short-term problem is of financing the large CAD, while the medium term issue is to compress CAD to a more sustainable level of around 2.5% of GDP and ensure price stability.
• The Rupee at the current level is well corrected. Stability is returning to the foreign exchange market. As capital flows return and as CAD begins to fall, this tendency will strengthen.

Ø  Fiscal Situation: Containing fiscal deficit within the budgeted estimate could be a challenge

·                           The Centre’s budgeted fiscal deficit is estimated at 4.8% of GDP in 2013-14, as against an estimated 4.9% in 2012-13.

• The fiscal deficit during the first four months of the current financial year has already reached 62.8 per cent, and expenditure on major subsidies 51.3 per cent, of the budgetary provision for the full financial year.
• Discretionary expenditure budgeted may need to be compressed, and subsidies restructured, in the remaining months of the financial year in a growth friendly manner to limit fiscal slippages.

·                           The fiscal deficit of all states put together was 2.8 per cent of GDP in 2009-10, and moderated further to 2.1 per cent in 2012-13 (BE).  A slow but steady growth of tax and non-tax receipts, as well as central transfers havehelped in the process of fiscal consolidation in the states.

• Monetary Policy
• The current stance of monetary policy has to continue until stability in the rupee is achieved. Thereafter, if the current trend in the moderation of wholesale price inflation continues, which is in fact expected, the monetary authorities can switch to a policy of easing. The time frame for this is very difficult to specify.

• Measures Suggested to Improve Economic Conditions

I Growth friendly measures taken over the last year

• liberalizing FDI investment norms
• resolution of some tax issues of concern to industry
• fast tracking of public sector investment: focussed attention on coal, power, road, railways
• initiating construction on the dedicated freight corridor
• Cabinet Committee on Investments (CCI) set up to fast-track/debottleneck key projects: 209 projects (with an aggregate investment of Rs. 384,203 crore) cleared
• mid-course corrective measures to contain fiscal deficit
• improved investment policy regime across a number of sectors like sugar, urea, gas, roads, banking, etc.
• Accelerated parliamentary approval of pending bills

II Medium to Long-term Measures

(I)     Improving manufacturing capabilities

• Improving domestic supply chains
• addressing specific tax issues in sectors like electronics
• Facilitating productivity shift through assured supply of skilled labour
• Encourage ease of doing business by streamlining procedures

(II)   Foreign Investment

• Stable, non-reversible policy regime
• Early resolution of transfer pricing issues

(III) Lower Current Account Deficit

• Focussed strategy to improve export competitiveness to take advantage of rupee depreciation
• Simplifying export related procedures
• Boost domestic coal production and reduce oil subsidies to make them more price elastic
• Pro-active implementation of modified gold deposit scheme.

(IV)    Sector specific measures

• Agriculture Sector
• Promote High Value Agriculture (HVA)
• Reform of agricultural marketing policies including APMC Acts
• Developing Bond Markets
• Public-Private Partnerships in Defence Procurement
• Promoting MSMEs
• Strategic interventions in Energy Sector.

                                                                                                Table 1

GDP Growth – Actual & Projected

At constant 2004-05 prices

Table 5.1

Balance of Payments

Unit: US$ billion

Note : Percentages are with respect to GDP

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