MY MARKET
The country is lagging behind in terms of infrastructure and there is going to be a huge building programme of roads, ports and airports. We have just seen one of Indonesia’s largest airlines, Lion Air, buy more than 200 jets from Airbus, an order worth around $24bn. With the country’s growing middle class and sprawling geography, people are travelling more and fuelling demand for new airlines, new aircraft and associated services. It is an industry set for rapid growth and there is a range of potentially lucrative opportunities for UK firms. The UK is a leading investor here and there are a wide range of British
companies doing well in the market in the oil and gas sector, financial services and insurance. Consumer goods and fashion companies are coming in, but we need to see more.
Indonesia is a complicated place to do business and some allow this to put them off. However, this country is not alone in that and those in businesses that can leverage Indonesia’s extraordinary demographics need to take a close look at it. The key to success is doing your homework, striking the right partnerships and taking advantage of the excellent services offered by the UK Trade & Investment team on the ground. n
KEY CITIES:
Jakarta Located on the northwest coast of Java, Jakarta is Indonesia’s economic, cultural and political centre. The huge, sprawling metropolitan city has a population of more than 10m and is a major transport hub for Southeast Asia.
Surabaya Indonesia’s second-largest city has a major international port and cargo terminal. It is the capital of East Java and has a population of more than 3m. In June 2009, the 5.4km Suramadu Bridge was opened, which is the longest in Indonesia and the first to cross the Madura Strait.
Bandung Capital of West Java province, Bandung is a centre for clothing manufacture, aerospace, tourism and, with nearly 50 higher educational institutions. Established in 1920, Institut Teknologi Bandung is Indonesia’s oldest and most prestigious technical university.
Medan Located in North Sumatra, Medan is a centre for agribusiness, best known for producing palm oil and tobacco.
Mark Canning has been British Ambassador to Indonesia since August 2011. Having worked in Jakarta, Malaysia and Burma, he has an in-depth knowledge of the region
Batam Located just 12 miles off Singapore’s south coast, Batam is a Free Trade Zone and a centre for power generation. Shipbuilding and electronics manufacturing are important industries on the island.
Makassar Located in South Sulawesi, Makassar is a major port and services centre in Eastern Indonesia, with regular domestic and international shipping connections.
LET’S DO BUSINESS To learn more about
opportunities in Indonesia, contact UKTI Jakarta on +(62) (0)21 2356 5200 or email
debbie.clarke2@
fco.gsi.gov.uk
• INTERNET penetration is 22.4 per cent, deeper than in China or India. facebook is hugely popular, with nearly 45m users, and there are 19.5m Indonesian tweeters
• ECONOMIC growth in Indonesia was more than 6 per cent in 2012
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