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All about Innovation at the 2018 IBDExpo

Surabaya, East Java, Indonesia, Oct 12, 2018 - (ACN Newswire) - Indonesia Business and Development (IBD) Expo makes successful come back in 2018. The third annual event is now held outside Indonesia's capital, Jakarta, for the first time.

Taking place at Grand City Surabaya, East Java, from Wednesday 3rd October to Saturday 6th October 2018, the event shows innovation featured by 106 Indonesian state owned enterprises (SOEs).

PT PAL Indonesia (Persero) as one of SOEs focused on strategic industries through its primary weaponry defense system, PT PAL featured a number of their innovation on the maritime sectors, including Changbogo class submarines that are currently under developed.

Changbogo class submarine development was initiated through joint-section programe between PT PAL and South Korean Daewoo Shipbuilding and Marine Engineering (DSME). Two units were built in Korea, and the other one, which has been in development by PT PAL, in Indonesia.

The submarines -- which for a while named U-406, U-407, and U-408 -- had already booked by the Indonesian Navy (TNI AL) and included on whole local production strategy.

Once completed, those three submarines will strengthen the TNI AL fleet as the biggest submarines fleet in Southeast Asia with total eight submarines.

Still in strategic industries sector, PT Pindad (Persero) also came up with their rifles line up. Here at IBD Expo, Pindad showed their SS2 variants (short for Senapan Serbu or Assault Rifle).

SS2 is currently used by Indonesian National Armed Forced (TNI) and Indonesian Police (Polri). Known for its design which is more ergonomic than its predecessor, SS1, the SS2 gained its named after TNI claimed champion title at the 26th ASEAN Armies Rifle Meet (AARM) 2016 in the Philippines and 2018 Australia Army Skill at Arms Meeting (AASAM).

On the infrastructure sector, PT Hutama Karya (Persero) also came up with a number of innovative technologies applied on their projects nationwide, one of which is Vacuum Consolidation Method (VCM). VCM is applied on Palembang-Indralaya Toll Road Project, a part of 2,770 km Trans Sumatera Toll Road Project.

The implementation of VCM technology could decrease the water and air level in the soil which will make the soil more solid and easier to drop.

The technology is more efficient in resources especially heavy equipment, minimizing the unstable slopes, and friendlier environment.

Besides these innovations, 2018 IBDExpo also displayed best Indonesian products like coffee through its Nusatara Coffee Festival and others handicraft in BUMN Creative House (RKB).

Source: Indonesian Ministry of State Owned Enterprises / BUMN
Sectors: Daily Finance

Copyright ©2026 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

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