Indonesia

Already known worldwide for the hugely popular island destination of Bali, Indonesia has been trying to market its full range of opportunities. At the same time, the country is hoping to build its profile as a business travel venue, a policy helped along by ongoing economic growth. 2011 tourist arrivals were up 7.5% year-on-year for the January-July period, well on their way to meeting the...

Long a major exporter of raw natural resources, including agricultural products, Indonesia is looking to maintain its strengths in this sector while expanding downstream industries to fuel domestic industry. The country imports over 20m tonnes of food annually, but major investment plans are designed to mitigate the need for imports by boosting domestic output. Indonesia’s strengths are...

Much of Indonesia’s construction sector is awaiting the unveiling of major infrastructure projects that will be necessary to unlock the high growth potential of the domestic market. The government has pledged to spend $150bn on infrastructure projects over five years in its 2011 budget, but sector figures are looking to see results, not just promises. The industry grew at 5.3% in Q1 2011,...

With estimates that only about half of Indonesia’s 240m people use a mobile phone, there is great potential for growth. The three main players in the mobile segment have engaged in a price war since 2007 as voice costs have dropped precipitously, although forecasts expect them to grow on the strength of new subscribers. Future revenue growth will also rely on data and value-added services. These...

Indonesia is at a turning point in its energy development. The country is looking to reverse years of declining production and investment in the oil and gas sector through new exploration contracts, the development of potentially vast offshore reserves, and acquisitions. Dozens of new contracts have been signed since 2008, however, including 11 new production-sharing contracts in November 2011...

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,...