Indonesia

Improving economic circumstances and the expansion of government health insurance coverage look set to drive growth in Indonesia’s pharmaceuticals sector, as the launch of new projects boosts the domestic production capacity of medicines.

Strong growth in the domestic and foreign travel market, combined with a commitment to boosting capacity as part of large-scale transport infrastructure development, is driving investment in Indonesia’s aviation sector.

After achieving a foreign trade surplus last year on the back of strong demand for minerals and agricultural products, Indonesia is looking to sustain growth by building ties with new markets, as well as deepening relationships with existing partners.

Solid growth, supported by strong investment flows, should put Indonesia on a firm footing going into the new year, despite a slight drop in expectations.

Indonesia’s tech start-ups have been catching the eye of investors, having raised close to $3bn in funding in the year to September 13, a substantial increase on the $631m received in 2016.