Press Release
Maritime Silk Road | C-star was at Indo Retail Expo 2016 from Nov 23-25
2016-11-24
(Opening ceremony)
The ancient Silk Road is a shared cultural heritage and a source of historical wealth for all the countries along it. As the largest economic entity in Southeast Asia and the only ASEAN country in G20, Indonesia is an important node on the “Maritime Silk Road,” and also an important partner of China. The two parties share very positive cooperation in infrastructure, park construction, manufacture and many other industries, as well as retail. The modern retail industry of Indonesia has huge development potential, especially in areas of large supermarkets, department stores and franchised retail stores. Notwithstanding the slower-than-expected pace of the expansion of prominent retailers due to the intervention by government regulations, the competition in this industry will continue to be fierce. It is expected that more and more foreign retailers will enter in the future.
Following it, C-star was at the Indo Retail Expo 2016 being grandly held in Jakarta from Nov. 23 - 25, connecting with exhibitors and visitors from all over the world, sharing and learning about the latest market innovations and business opportunities in the global market, and providing an export platform for domestic exhibitors.
(C-star team with Mr. Roy N. Mandey, Chairman from Indonesia Retail Merchants Association (Left) and Mr.
Hasanuddin Yasni, Executive Director of Cold Chain Association of Indonesia (Right)
