The vast archipelago of Indonesia represents more than 40% of both But, market access can be complex and take time. Indonesia is for the GDP and population of ASEAN. The consuming middle class is businesses that probably have prior export experience and can estimated to number around 80 million in five years, 60% whom will afford to look at market entry in a strategic way. be under 32 years old. Indonesian demographics mean that there To ensure success, you will almost certainly need the resources to are opportunities across all sectors. There are also many support research and a visit programme. opportunities for investor and venture capitalists INDONESIA
Chamber Background • • The OPD has provided bespoke market access BritCham Indonesia is the most active foreign support for 125+ export-focused British Chamber in Indonesia and with a large SMEs. membership base of more than 1000 nominees • In 2015, BritCham Indonesia received BCCUK from 255 corporates based in Indonesia, plus accreditation. overseas me membership. • Accreditation provides quality assurance across a range of • To our members and wider business community, services that include but are not limited to: we represent an independent and reliable 1. Trade mission management source of information, covering politics, current 2. Webinars / Video conferencing affairs, security, health, inside-track analysis from 3. Business opportunities and partners our business group, plus advocacy, personal and 4. Advice on local conditions, including competitors, regulation and social development. standards 5. Market research • For over 40 years, the most influential 6. Pre-visit support, arranging appointments with target customers or politicians, business leaders renowned experts potential business partners/agents and academicians have been our esteemed 7. Organisation of receptions, promotional events, for you to present guests at various forums. your product or service
Ec Economic nomic & Political ical Overv erview iew Indonesia: A country too Big to Ignore • The ONLY permanent SEA member of the G20, well-positioned to influence global and regional initiatives. • Indonesia represents around 40% of the total GDP of ASEAN • Indonesia’s economic growth projection 201 9 is 5.3%. • 265 million people – 60% of the population in under the age of 32 • According to the World Bank’s authoritative Ease of Doing Business 2019 (EODB), Indonesia has moved to 73 rd with reformation in starting business, registering property, and attaining credit. • Indonesia is in fourth position as a contributor to global real GDP growth throughout the year 2022-2023 and predicted to contribute 3.7% to the total global GDP growth. • Indonesia also comes in 4th place when it comes to the country with the largest number of active Facebook users, only behind Brazil, India and the United States. Source: ASEAN Economic Bulletin, World Bank, Nielsen, McKinsey
Doing Business in Indonesia How is Outlook Towards the Business Environment in Indonesia? Source: Joint European Chamber’s Business Confidence Index 2019
Doing Business in Indonesia Where Will Business Consider To Expand In 2019? Source: Joint European Chamber’s Business Confidence Index 2019
UK Presence in Indonesia • The UK is in the top 10 biggest investor in Indonesia, after Singapore, Japan, US, South Korea, Netherlands, and British Virgin Islands. • Major British investors include BP, Jardine Matheson, Unilever, Shell, Standard Chartered Bank, HSBC, Premier Oil, BAT, Prudential, Rolls Royce, GlaxoSmithKline and Astra Zeneca. • There is also a strong and growing UK retail presence including Marks & Spencer, Top Shop, Ted Baker and Mothercare.
Challenges Source: Joint European Chamber’s Business Confidence Index 2019
Key Sectors & Opportunities • Renewable Energy • Education • Environment • Financial & professional services • ICT/ Creative & Media • Infrastructure • Manufacturing • Oil & Gas • Hospitality/ Tourism • Healthcare • Waste Management • Retail & consumer goods • Defence & Security
7 Compelling Reasons to Access Indonesia The most 50% of ASEAN Booming, competitive* market & 40% aspirational of all BRIC and of ASEAN GDP middle class MINT markets, with massive set to reach after China potential to be 150 million by a regional hub 2030 * According to WEF 2015-16 Ranked 3rd Track record A large, worldwide as the Cost- and ongoing youthful market with the competitive commitment to workforce: most positive location improving >50% of for numerous financial investment population project types sentiment climate aged under 30 Source: Indonesia Investment Coordinating Board & The Nielsen Company
CONTACT US Brit ritis ish Chamber of of Commerce In Indonesia ia th Flo 15 th World ld Trade Centre 5, 5, 15 Floor JL. JL. Jen Jend. Su Sudir irman Kav. 29 29-31 31, DK DKI Jak Jakarta CHRIS WREN EXECUTIVE DIRECTOR obn.team@britcham.or.id www.britcham.or.id The British Chamber of Facebook.com/Britchamindo Commerce in Indonesia The British Chamber of Commerce in Indonesia Britcham_id
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