"Biggest buyers are from Nigeria which contributed 11,27 percent of total transactions."Jakarta (ANTARA News) - The Trade Expo Indonesia 2012 (TEI) has recorded US$1 billions in sales transactions and still has the potential to conclude US$2 billions, a vice minister said.
"We expect US$3 billions more from negotiations of contracts in the construction of some parliament buildings in Africa," Vice Minister of Trade Bayu Krisnamurthi said here on Thursday.
The Ministry of Trade was targeting $2billions transactions during the five day expo, but the actual sales itself doubled from last year`s figure of US$464,5 millions.
Bayu said that he expected negotiations on parliament building constructions would contribute US$2 billions, so that the target would be surpassed.
"From the US$1 billion transactions, 78 percents recorded from goods sales and 22 more percent are from services," Bayu said.
The trade expo is held at the Jakarta International Expo in Kemayoran, Jakarta, last weekend and is attended by 1.300 participants from big, medium, and small companies from Indonesia and brought in 5.430 buyers from 95 countries.
"Biggest buyers are from Nigeria which contributed 11,27 percent of total transactions, followed by Malaysia (6,1 pct), India (4,11 pct), the US (4,11 pct), and Bangladesh (3,79 pct)," he said.
According to Bayu, the achievement was a result of the efforts by RI Representatives in promoting the expo around the world.
During the expo, there were also several Memorandum of Understandings (MoU) signed between Indonesian exporters and importers from Australia, South Africa, and Zimbabwe.
Bayu also announced the 2013`s TEI will be held in October 16-20 next year, which is expected to be attended by 3.000 exhibitors and 10.000 buyers from all around the world.
"We will ask our embassies and consulates around the world to gather more people and bring them here next year," he said.
(T.P012/A014)
Editor: Priyambodo RH
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