A landmark report on Indonesia just produced by the global publishing, research and consultancy firm Oxford Business Group (OBG) charts the drive to attract investment for the country’s regions and cities against a backdrop of decentralisation.
At the event, co-organized between OBG and Bimasena, titled ‘Infrastructure, Power and Logistics: Unlocking Productivity’, and opened by Minister of Finance Bambang Brodjonegoro, as a keynote speaker at a roundtable discussion with panelists which included Sumit Dutta, CEO of HSBC Indonesia, Bani Mulia, President Director Samudera Indonesia, Julian Smith,Infrastructure Adviser, PricewaterhouseCoopers, Lukman Mahfoedz, President Director, Medco Energi , Hanung Harimba Rachman , BKPM Deputy of Planning for Agri Business and Natural Resources and OBG’s Managing Editor for Asia Paulius Kuncinas as a moderator, explored Indonesia’s ongoing economic development with over 100 guests.
Speaking ahead of the launch, OBG’s Editor in Chief, Andrew Jeffreys said Indonesia’s push to spread growth and investment across the country’s regions had been a focal point of the Group’s research. “Despite the regional drive, over half of investment still found its way to Indonesia’s Java region last year,” he said. “The mass transit system projects of roads, dams and ports will be pivotal in helping to diversify destinations for investment in the country, setting the scene for a wave of public-private partnerships.”
Paulius Kuncinas, OBG’s Managing Editor for Asia, added that The Report: Indonesia 2015 had also highlighted the key role earmarked for the younger generation in the next phase of the country’s development.
“Going forward, we expect self-employment and tech-led businesses to be drivers of new growth in Indonesia,” he said. “With ongoing decentralisation and fast-approaching ASEAN integration signalling a different economic climate for Indonesia, investors have much to consider when looking at what the country has to offer.”
The Report: Indonesia 2015 contains a detailed sector-by sector analysis across the economy, alongside interviews with leading representatives, including President Joko ‘Jokowi’ Widodo, Vice-President Muhammad Jusuf Kalla and the Governor of Jakarta Basuki ‘Ahok’ Purnama. There is also analysis of the challenges that the country faces, which include funding gaps in the universal health care scheme and the impact on Indonesia’s all-important mining sector of declining nickel and copper exports.
The report marks the culmination of more than six months of field research by a team of analysts from OBG. It assesses trends and developments across the economy, including macroeconomics, infrastructure, banking and other sectoral developments. The publication is available in print or online.