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ILDEX Indonesia 2013: A Big Dream of Indonesian Livestock Society

01 November 2012

VIV

INDONESIA - Indonesia has been mentioned to be the main force of the world economy. Indonesia's current position in the big 16 of the world is predicted to get into in the big seven in 2030.

The result of McKinsey Global Institute analysis was presented by an expert in agribusiness from Bogor Agricultural University (IPB), Arief Daryanto, on the occasion of "Kick-off ILDEX Indonesia 2013", which was held in Jakarta on 24 October 2012.

Arief said, in that year, about 71 per cent of the population in urban areas would be accounted for 86 per cent of gross income (GDP) nationwide.

Indonesia's population 240 million in 2011 is estimated to reach 280 million in 2030. Indonesia's current trade amounting to $0.5 trillion is expected to reach $1.8 by 2030. It is making Indonesia a lucrative market.

The combination of tremendous population and economic growth becomes an attraction to the increasing demand for livestock products.

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