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Indonesia

It seems odd that Indonesia is sometimes overlooked in Asia by Western companies despite being the world’s fourth most populous country with close to 280 million people.

It seems odd that Indonesia is sometimes overlooked in Asia by Western companies despite being the world’s fourth most populous country with close to 280 million people.

Currently the 16th largest economy in the world, Indonesia is predicted by McKinsey to become the seventh largest by 2030. Indonesia’s population is relatively young and mobile and the middle class alone is around 135 million.

From turbulent post-war and post-colonial times, Indonesia has developed into a stable economy and functioning democracy. Indonesia’s rapid annual growth is driven by commodities production, private consumption and fixed Investment into manufacturing and production. The government is placing considerable effort into developing the country’s manufacturing base, and to removing barriers to business establishment as it seeks to tighten the competition among domestic players. While continued foreign investment contributes strongly to Indonesia’s GDP, export revenues and employment, market capitalization remains significantly smaller than other Southeast Asian economies, allowing room for strong continued growth.

The Indonesian economy and infrastructure continues to evolve quickly and the government is aware of the value of direct foreign investment. Opportunities in Indonesia are strong, especially with the large availability of resource and labour. However, gaining the correct market intelligence is critical as Indonesia is a unique society with a rapidly improving set of policies and regulations.

Asian Insiders is in the perfect position to assist you with complete insight into the market and established connections with potential partners and officials in the private, public and social sectors. Asian Insiders will be your guiding hand to help engage with this market.

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