Overview

Indonesia transitions to EVs, builds ports and expands airports
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As an archipelago with more than 17,000 islands and a population of nearly 280m people, Indonesia relies on various forms of passenger transport for connectivity and economic growth. The government has increased spending on transport and infrastructure in recent years, further supported by private funding under public-private partnerships (PPPs). Transport has been dominated by cars for decades, with…

Overview

Government promotes alternative Indonesian tourism destinations
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Indonesia has significant potential as a tourist destination thanks to its diverse natural landscapes, which include beaches, tropical forests, mountains and seas. Although the country has a robust tourism industry, there is still further potential for growth in the sector. Recognising this, the administration of President Joko Widodo, better known as Jokowi – who will complete his second and final…

Overview

Green finance regulations present investment opportunities in Indonesia
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In line with national development and sustainability efforts, changes to Indonesia’s legal framework aim to enable green financing, facilitate land acquisition and management for international companies, and outline the formation of public-private partnerships (PPPs). Carbon and emissions trading, as well as the newly formed Land Bank Agency (LBA) are set to influence the expansion and diversification…

Overview

Where to stay in Jakarta and Bali
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JAKARTA LE MERIDIEN JAKARTA Address: Jl. Jend. Sudirman, Kav. 18 – 20, Jakarta Pusat Phone: +62 (21) 251 3131 Website: lemeridienjakarta.com Email: jktmd.reservation@lemeridien.com Rooms: 318 rooms and suites. Business & Conference Facilities: 14 event rooms, 10 breakout rooms, and a ballroom with capacity for up to 1200 guests. Health & Leisure Facilities: Fitness center, spa, swimming…

Overview

Tips and information for travellers to Indonesia
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Business Attire The traditional batik shirt is commonly worn in the office and considered proper business attire. A suit or white shirt, tie and slacks for men is also normal business attire, as is a suit or dress for women. Offering a business card is common. Visas Citizens from 97 nations can secure a 30-day tourist visa upon arrival. For those who wish to stay longer, a 30-day extension can be…

Overview

Start-ups boost investment in Indonesia’s digital economy
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The ubiquitous presence of digital technologies in global economic activity means that they are expected to remain a key part of Indonesia’s economy, which is growing at a rapid pace (see Economy chapter). A large and competitive telecommunications market, and robust growth in financial technology (fintech) uptake and e-commerce activity, are driving growth in the digital economy. In addition, the…

Overview

Indonesia’s SEZs attract investment in industry and manufacturing
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Indonesia is undertaking a programme of industrial transformation in its drive to become a major regional centre for manufacturing and trade. Spearheaded by its Making Indonesia 4.0 strategy, a roadmap designed to adopt and integrate Industry 4.0 technologies into production processes, the government has also been pursuing initiatives in efforts to diversify its economy away from a reliance on raw…

Overview

Urbanisation and strategic projects drive Indonesia's economic growth
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As the largest economy in Southeast Asia and the fourth most populous country in the world, the prospects for Indonesia’s construction and real estate sectors are enhanced by sustained urbanization and a demographic dividend that is expected to continue to stimulate demand for housing and leisure attractions. At the same time, large-scale government-backed infrastructure projects are providing a…