Jakarta Fair nears participant target<\/p>\n
JAKARTA (JP): At least 400 domestic companies, 10 regional
\ngovernment trade representatives and one foreign company have
\nbooked stands for the 1999 Jakarta Fair in August, but only a few
\ndown payments had been made, organizers said on Friday.<\/p>\n
The annual fair, which will be held from Aug. 6 through Aug.
\n22 in Kemayoran, Central Jakarta, is a joint project of the
\nJakarta International Tradefair Corporation (JITC), PT Debindo
\nand the Jakarta Fair Foundation.<\/p>\n
The organizers have targeted 500 companies to participate in
\nthe country's yearly trade exhibition and some one million people
\nto visit the fair.<\/p>\n
Trade transactions expected to be clinched during the 17-day
\nevent are set at Rp 35 billion (US$5.2 million).<\/p>\n
Domestic companies taking part in the fair include Panasonic,
\nPhillips, Astra, Indomobil and some furniture producers. The sole
\nforeign participant is from Iran.<\/p>\n
Three exhibition halls and a large open space on the Kemayoran
\nfair ground will be taken over by participants.<\/p>\n
A large plot will also be allocated for street vendors, in
\norder to reduce any disturbances to visitors, the organizer said.<\/p>\n
The fair, first launched in 1968, provides a once-a-year
\nopportunity for Jakartans to supplement their incomes. Jobs
\ninclude work as stand guides or operation of temporary
\nrestaurants and food stalls<\/p>\n
The decision to hold this year's fair was made only on April
\n14, after months of uncertainty whether the fair would be held at
\nall due to the economic crisis. According to the organizer, the
\n1999 event would be a trial run to regain public confidence in
\nIndonesian businesses.<\/p>\n
Despite the registration of 600 firms for the fair last year,
\nonly 200 companies took part, causing substantial financial
\nlosses to JITC.<\/p>\n
According to a local government regulation issued in 1991, the
\nprivately run JITC is the only organization with the right to
\nhold the Jakarta Fair.<\/p>\n
But this year, the fair will be held jointly by JITC, PT
\nDebindo and the state-run Jakarta Fair Foundation.<\/p>\n
Sources said JITC earlier refused sole responsibility for the
\nfair, because of the losses sustained last year.(04)<\/p>",
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