JAKARTA, Indonesia, March 1, 2016 /PRNewswire/ -- Indonesia is changing at an increasing pace. New government stimuli and simplifications are being introduced with the aim, announced earlier in February by President Joko (Jokowi) Widodo, of climbing 70 positions in 2016 in the Ease of Doing Business Index (currently Indonesia ranks 109th out of 189).
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Concurrently, particular emphasis has been given to the pharma sector, deemed as strategic for the country, which introduced a public health insurance scheme in 2014 and recently allowed foreign investors to own 100% of local companies.
These and other positive factors have contributed to the recent renewed upsurge in interest in the Indonesian market shown by Indian companies - which already supply almost 40% of the raw materials processed in Indonesia - that significantly increased their presence at CPhI SEA, the only trade exhibition dedicated to the pharma industry in the region. With India being the country of focus, CPhI SEA will be held at Jakarta International Expo during April 6-8, 2016 and host a pavilion organized by Pharmexcil alongside stand-alone companies like HiMedia Laboratories, Gujarat Foils and Supreem Pharmaceuticals.
Don't miss the opportunity to be part of the change, register here and join the event!
The CPhI series of events drives growth and innovation in the global pharmaceutical industry, with leading exhibitions and online communities covering every step of the supply chain from drug discovery to finished dosage.
More than 100,000 visitors meet over 6,000 exhibitors at events in Europe, China, India, Japan, South East Asia, Russia, Brazil, Istanbul and Korea every year to exchange ideas, form alliances and conduct business on an international scale. CPhI also provides an online buyer & supplier directory at CPhI-Online.com.
Media Contact:
Ivan Ferrari
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