The Jakarta Post
The fourth Indonesia International Furniture Expo 2017 kicked off in Jakarta on Saturday, aiming to promote local furniture products to both local and foreign buyers.
Held by the Indonesian Furniture and Craft Association (HIMKI) and exhibition organizer Dyandra Promosindo, the four-day expo aims to attract at least 10,000 visitors, up 9.4 percent from last year.
Over 500 local exhibitors, including 430 exporters, 70 young designers and 16 professional designers, are taking part in the exhibition, according to the group.
(Read also: Govt targets $1.2b from 2015 furniture expo)
HIMKI chairman Soenoto told reporters on Saturday that the group expected to book around US$300 million in transactions, down 7.7 percent from the previous year. He attributed the lower transaction value to the reduced number of exhibitors, adding that the current event focused more on designs instead of the quantity of participants.
“The square meters of space used for the exhibition is greater than last year, even though the participant numbers are lower,” Soenoto during a press conference at the event.
He added that as much as $700 million in transactions was expected to follow within three months after the exhibition. (yon/lnd)
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