1. Indonesia Cable Market Grows But Will Lag Rest of SE Asia.
- Author
-
Noor-Drugan, Natalie
- Subjects
GLOBAL value chains ,CABLES - Abstract
According to an article in Wire & Cable Technology International, Indonesia's cable market is growing but is expected to lag behind the rest of Southeast Asia. In 2023, Indonesia accounted for a significant portion of the region's consumption and production of insulated metallic cable. However, it is projected to fall to third place as the region's main cable producer by 2028. The growth in cable consumption and production in Indonesia is driven by megaprojects, infrastructure development, and the expansion of the rail system. Despite its status as a cable production powerhouse, Indonesia faces challenges such as a lack of robust policies, education disparities, and inadequate infrastructure. [Extracted from the article]
- Published
- 2024