New Jakarta Venue to Open in January
December 27, 2014
Construction work on the Indonesia Convention Exhibition (ICE) venue in Jakarta is reportedly 80% complete. The venue is scheduled to open for business in January when it will host a Michael Bublé concert with 10,000 fans.
The venue cost is close to US$320 million and it will feature 50,000 m2 across ten halls as well as an additional 50,000 m2 of outdoor space and a 4,000 m2 convention hall. Located in Jakarta’s BSC (Bumi Serpong Damai) district, ICE will also feature more than 30 meeting rooms, in-house F&B facilities, third-party F&B outlets, a carpark with a capacity of 3,000 and eventually, a 300 room 4-star hotel.
It was announced in July that Deutsche Messe had established a joint venture, “PT Deutsche Messe Venue Operations Indonesia”, along with the venue’s key investors, Sinarmas and Kompas Gramedia. The new joint venture, 51% owned by Hannover Fairs International (HFI), will manage the venue. HFI is a subsidiary of Deutsche Messe.
Mark Schloesser, president director of Deutsche Messe Venue Operations, said, “Deutsche Messe is committed to leverage the MICE industry in Indonesia by making ICE the preferred destination for conventions and exhibitions in the region… Our target groups now are local and national exhibitors and events within Indonesia, followed by those from the South-east Asian countries and other parts of the world.”
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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