Recent Posts

Thumb acl picture

Business in Indonesia

Business in Indonesia

Beautiful white-sand beaches, rich culture and history in their ancient temples, music and dances, and the warm, inviting nature of the people who live there, Indonesia is not just a popular travel destination for people around the world.

In the last decade, Indonesia has had significant economic growth, becoming Southeast Asia’s largest economy with a GDP of $888 billion, ranking 10th in the world.

“Indonesia is a country of big numbers and big opportunity. With 252 million inhabitants it’s the world’s fourth most populous country and the largest in south east Asia. Indonesia has 18,307 islands, over 742 different languages and a middle class larger than the population of Malaysia or Australia. Currently the 16th largest economy in the world, it is projected to be the seventh largest economy in the world by 2030. Doing business in Indonesia takes patience and perseverance. Companies should be prepared to invest time and resources in regular visits over a period of months, sometimes years, before seeing returns.”

Indonesia is likely to become a strategic location for international business. “60% of global growth is expected to come from Asia by 2025. Indonesia is part of ASEAN which has a free trade zone. It is also strategically placed to do business with India, China, Japan and Australia.”

While ageing infrastructure has proved to be a challenge for meeting production demands, the current government has plans to overcome this. “The Indonesian Government plans to spend $365 Billion USD to deliver major infrastructure plans in the transportation sector. $1.1 Billion USD of this will be through Public Private Partnerships (PPP).”

ACL International, 8020 Connect’s newest client, is a leader in Indonesian Oil and Gas Exploration and Development. Join their Investor Group, live on 8020 Connect now to stay informed about ACL.

Enjoyed this story?

Learn more about investing - take a quick tour of 8020 Connect.

Show me the quick tour  tag_faces


Ride The Bull - AKA Investing
  In "Bull Horn"
Invest smartly in the shiny things you enjoy
  In "Bull Horn"

Thumb 66988a7bee06a81bec284bfc173e0da9 bpfull  1

Laura Garet

Laura is 8020 Connect’s Client Communications & Social Media Specialist. In 2014, She received her Bachelor of Communications in Information Design from Mount Royal University in Calgary, Alberta. After a couple brief positions in other marketing roles, Laura has found her home with 8020.

You must be logged in to post a comment.