Interest in investment in Indonesia has grown enormously in
recent years. It has always been a resource-rich country, but
greater political stability and an active commitment from the
government to support foreign investment has encouraged a thriving
Indonesia is South East Asia's largest economy; its
population of 240 million makes it the world's fourth most
populous country and its growth rate is predicted to exceed 6 per
cent in 2011 and 2012. As significant infrastructure improvement
will be required to meet these growth predictions and to satisfy
the demands of an increasingly large middle class, huge potential
exists for investors to participate in various sectors, from power
(both generation and interconnection) to roads, ports, water and
Although Indonesia can sometimes present as a challenging
investment environment, the concerns often expressed in that regard
can be overdone and tend to overlook the recent and real progress
that has been made largely on account of a vibrant and independent
media, an actively involved electorate and increasingly effective
and independent regulation.
We conducted this survey to canvass opinion from the investment
community, seeking input from investors, lenders and advisers. We
wanted to build a clear picture of the challenges facing investment
in Indonesia, to pinpoint current and developing trends, to
consider the findings in the light of our own experience of working
in Indonesia over the last 20 years, and to offer some insights
into the findings.
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