Stretching over 17,500 islands and home to around 245m people, Indonesia is a vast, diverse nation with a rapidly growing economy, extensive natural resources and a range of sectors ripe for investment. By far the largest country in ASEAN in terms of both population and area, Indonesia is responsible for one-third of the 10-nation bloc’s total GDP.
The 17th-largest economy in the world with a GDP of just over $1trn in 2013, Indonesia’s place as the largest economy in ASEAN presents a strong value proposition for investors. Already achieving one of the world’s most consistent economic growth rates of above 6% since 2007, with only a minor dip to 4.6% in the midst of the global financial crisis in 2009. While none of the challenges that have traditionally beset the country have disappeared, during the recent series of bullish forecasts, the government has embarked on a series of measures to stimulate productive investment, ease infrastructure bottlenecks, and raise living standards. By 20125 Indonesia is expected to be amongst the 10 largest economies in the world.
Irhoan Tanudiredja, Senior Partner, PricewaterhouseCoopers, on the challenges the country faces moving forward
Todung Mulya Lubis, Senior Partner, Lubis, Santosa & Maramis, on the problems facing the domestic business environment
Shoeb K Zainuddin, Group Editor-in-Chief, BeritaSatu Media Holdings, on the emerging role of social media and the press
Colin Ong, Managing Partner, Dr Colin Ong Legal Services, and President, Arbitration Association Brunei Darussalam, on legal developments
Veronica Lukito, CEO, Ancora International, on the country’s return to the international investment spotlight
Lord Green of Hurstpierpoint, UK Minister of State for Trade and Investment, on the UK’s partnership with Indonesia
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