Podcast: What makes Indonesia an attractive investment proposition?
Indonesia | Economy
As Indonesia gears up for Presidential polls in 2019, Oxford Business Group’s recent CEO survey of Jakarta-based executives showed that corporate decision-makers remain upbeat despite the country’s vulnerability to capital flight.
Facing headwinds from US interest rate hikes, the global trade war and electoral uncertainty, Indonesian CEOs appear optimistic that the G20 economy is strong enough to withstand current pressures.
Patrick Cooke, Oxford Business Group’s Regional Editor for Asia, is joined in this podcast by Khairul Anwar, Enterprise Singapore’s Regional Group Director (Indonesia), to discuss and contextualise the results of the survey.
Anwar offers the Singapore perspective on why Indonesia remains an attractive investment destination, underpinned by its vast, consumer-driven internal market and efforts by the current Jokowi administration to tackle the country’s significant infrastructure deficit.
Taking into account Singapore’s status as a global leader in education and innovation, the pair also discuss the skills gaps in the Indonesian workforce identified by survey participants and reflect on the progress being made in preparing the country’s young population for the demands of the rapidly evolving economy.
With Indonesian CEOs identifying trade protectionism as the biggest external risk the country faces, Cooke and Khairul also focus on the impact of the US-China trade dispute and President Trump’s ‘America First’ mandate on ASEAN’s largest economy.
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