RI copper demand may rise strongly<\/p>\n
SINGAPORE (Reuter): Indonesia's copper consumption is seen
\nrising strongly over the next few years due to robust demand in
\nthe construction, power and communication sectors, a leading
\ndomestic cable maker said.<\/p>\n
Jimmy Chong, director of PT Kabelmetal, said in a paper at a
\ncopper conference in Singapore said domestic copper rod
\nconsumption grew to 93,865 tons in 1996, up sharply from 29,301
\ntons in 1991.<\/p>\n
"The cable and wire sector consumes the largest portion of
\ncopper," he said.<\/p>\n
The leading user would be the construction sector, which has
\nbenefited from a boom in the property market.<\/p>\n
"The average demand for office space over the last three years
\nhas increased significantly with the increase in foreign
\ninvestment in Indonesia," Chong said.<\/p>\n
Direct investment over the last three years has surged to
\n100.7 trillion rupiah in 1996 from 53.3 trillion rupiah in 1994
\nand this "indicates strong growth from 1998 to 2000."<\/p>\n
Another leading consumer of copper would be the power sector,
\nwhere demand is expect to rise 21,000 megawatts in 1999 from the
\ncurrent 14,970 megawatts.<\/p>\n
Telecommunication cables will also be needed to boost the
\ntelephone density in Indonesia, which Chong said has the lowest
\nrate in Southeast Asia.<\/p>\n
Indonesia has only 4.2 million phone lines for a population of
\nnearly 200 million people. The current plan is to install 8.5
\nmillion more lines to boost the telephone density to 8.7 percent.<\/p>\n
"The new lines installed will use mainly copper cables," Chong
\nsaid.<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/ri-copper-demand-may-rise-strongly-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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