Jakarta. Italian manufacturers on Wednesday (15/11) expressed their interest to increase cooperation with their Indonesian counterparts, particularly in printing and packaging, during the 2017 Printech Indonesia event in Kemayoran, North Jakarta.
"[Indonesia is] a very interesting prospect market for Italian companies [...] We are willing to strengthen cooperation with Indonesian industries," Alessandro Liberatori, director of the Italian Trade Agency (ITA) in Jakarta, said.
The Italian Pavilion at the 2017 Printech Indonesia featured nine Italian companies in graphic, paper and converting machinery, including Cerutti Packaging Equipment and Uteco Converting.
Liberatori hopes that the event will facilitate interaction and create a foundation to foster cooperation between Indonesian and Italian businesses.
"In Indonesia there is no industry for graphic machinery. All our machinery for printing is imported from overseas," Ahmad Mughira Nurhani, chairman of the Indonesian Print and Media Association, said.
Speaking at the event, Italian Ambassador to Indonesia Vittorio Sandalli also emphasized that "Italy can offer longstanding expertise and high level of technology" in this sector.
According to business development director of the Indonesian Packaging Federation (IPF), Ariana Susanti, Indonesia’s packaging market size currently stands at $6.7 billion.
The federation is expecting an increase of 4 to 6 percent by the end of the year, and targets an increase to $9.6 billion in the next few years.
The 2017 Printech Indonesia concludes on Nov. 18.