Indonesia

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Indonesia encompasses over 17,000 islands, spread out over thousands of kilometres between the Indian and Pacific Oceans. With the world’s largest tropical coastline, Indonesia has become a leading tourism destination in South-east Asia. The country’s cultural and natural diversity also offer significant untapped potential, with a population...

 

The vibrancy of Indonesia’s digital economy is evident in the ubiquity of the green-uniformed Gojek and Grab delivery drivers navigating via mobile device through the streets of its major cities. Indonesia has the largest and fastest-growing ICT market in South-east Asia and presents an enticing opportunity for investors, thanks to demographic...

 

In keeping with its position as the largest economy in ASEAN, Indonesia is expected to eventually capture the largest share of rising consumer and enterprise revenues as a result of 5G deployment. A study by global management consulting firm Kearney suggests that the technology could lift consumer revenue across the region by 6-9% before 2025...

 

Indonesia’s data centre market is flourishing as global cloud solutions providers race to take advantage of the country’s booming digital economy. Financial benefits from using public cloud services could add as much as $36bn to Indonesia’s economy between 2019 and 2023.

 

Indonesia is characterised by substantial cultural diversity. The archipelago is made up of more than 17,000 islands, of which 6000 are permanently inhabited by 267m people. Until the turn of the new millennium, centralisation was seen as the best way forward, and economic development policies were strongly skewed towards Indonesia’s main...

 

The relocation of the capital from Jakarta to East Kalimantan on Borneo looks set to create major investment opportunities if approved by Parliament. In August 2019 President Joko Widodo, better known as President Jokowi, stated that 20% of the estimated $33bn required for the development would be supplied by the state, leaving 80% open to...

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