Efforts are under way to transition the economy from one based on the export of raw materials, particularly hydrocarbons, to more advanced production. Recent trends show that this push is gaining traction, as Indonesia’s GDP grew 6.1% in 2010 despite a 2.3% contraction in the oil and gas sectors. The country aims to become an industrialised country by 2025. To facilitate this transformation,...
Indonesia Industry
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Chapter | Industry and Retail from The Report: Indonesia 2012
Chapter | Infrastructure from The Report: Indonesia 2012
With a population of 245m, including a rapidly growing middle class, the Indonesian market is widely regarded as having huge potential. However, infrastructural deficiencies are threatening to cramp growth. Limited transport infrastructure, from ports to roads and rail, has increased manufacturing costs and shipping times. Indonesia is attempting to address this deficit through public-private...
An archipelago of over 17,500 islands, Indonesia is today the world’s fourth-largest country by population, at 245m. The astonishing diversity of ethnicities and cultures comes together in a democratic framework under the pancasila, or “five principles”: nationalism, humanitarianism, representative democracy, social welfare and monotheism
Economic update | Indonesia: Workshop of the world
24 Jun 2011
A recent wave of investment in manufacturing in Indonesia could herald the country’s rise as an international industrial player. A rapidly growing domestic market of more than 230m people, as well as the potential for exports both regional and across the globe, are major draws for companies from around the world.