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INVEST IN INDONESIA
Indonesia is currently the world’s 16th largest economy with US$1.54 trillion of GDP with recorded 5.05% of growth, among the highest in G20, and forecasted to be the 5th largest economy (PPP) in the world in 2030 by the IMF

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WHY INVEST IN INDONESIA?

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The largest economy in Southeast Asia with stable economic growth

Indonesia has shown consistent economic stability, with an annual growth rate exceeding 5% over the past two decades. Its GDP is projected to grow by 5.2% in 2024, significantly outpacing the global rate of 2.7%.

Strong domestic demand

Home to 277 million people and 141 million middle-class individuals, represents 41% of Southeast Asia's population and 36% of its economy in 2023, making it a key market with strong domestic demand and a central export hub through Free Trade Agreements with 30 countries, including the RCEP that covers one-third of the world's population.

Young and tech-savvy population

In 2023, Indonesia boasts a young and tech-savvy workforce, with two-thirds of its population under 30, 212 million internet users, marking a 5.2% increase, and 167 million active social media users, enhanced by an annual influx of 1.4 million graduates

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A resource-rich country

Indonesia, a major archipelago rich in natural resources and tourism, leads in nickel production and exports commodities like tin, bauxite, and palm oil. The country is advancing its downstream industries and needs an estimated US$545.3 billion investment by 2040 to meet global demand across its diverse sectors, supported by 20 special economic zones and over 120 industrial estates.

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Political & Economic Stability

Indonesia functions as a presidential representative democratic republic with a multi-party system, ensuring political stability and adherence to democratic principles, with a 2021 democracy index score of 78.12 out of 100. Internationally acknowledged for its efforts, the government prioritizes economic stability, positioning Indonesia as an appealing investment hub.

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High openness to foreign investment

Most business fields in Indonesia, including e-commerce, restaurant, toll road, and futures brokerage, are open to 100% foreign ownership.

WHY INDO
INVESTMENT CLIMATE
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IMPROVED INVESTMENT CLIMATE

Open policies for foreign direct investment

Simplified investment regulation and licensing

Tax holiday and tax allowance

Super tax deduction

Import duty facilities

End-to-end services and tailored facilities

Additional Incentive

for EV Ecosystem

HOW TO INVEST

1. Observe the potential sectors/industries

Look up our market intelligence data to observe the most potential sectors and projects to tap in. Check Indonesia's Investment Business Sector to identify which business fields are open, open with certain conditions, or closed to foreign investment. 

2. Set up a foreign representative office or a company in Indonesia

In order to conduct business in Indonesia, a potential investor could establish a temporary foreign representative office (FRO) or directly set up a company in Indonesia. The purpose of the FRO is to test the Indonesian market before committing to an investment. For further details, please refer to this page.

3. Register to the Online Single Submission (OSS)

OSS is the single online portal for investors to register and maintain their business license and activities in Indonesia. Click link here to access the OSS.

4. Obtain a Business Identification Number (NIB)

Login to the OSS portal and complete the required data to obtain a Business Identification Number (NIB).

5. Obtain a Business License and start operations

A Business License is issued with the commitment statement for location permits, environmental permits, and building construction permits.

HOW INVEST

FACTS 

$91.1B

Investment realization in Indonesia in 2023

(1 USD = Rp 15,576)

1.8m

Absorbed Indonesian Labor Jan-Dec 2023

17tH

Rank Global Investment Destination Country

81

Ready-to-offer Investment Projects with value US$15.9B

PROJECTS

INDONESIA
-READY TO OFFER-
PROJECTS

HOW IIPC HELP

HOW IIPC CAN HELP

GET UPDATES

foreign representative office (fro)

setup

Along with the Indonesian embassy in your country, we can assist you in establishing a legal entity for your company in Indonesia.

letter of reference

As part of a company setup, the IIPC processes the letter of reference (LOR) for your company to operate in Indonesia.

BUSINESS

GUIDELINE

This is a quick guide that elaborates on all the procedures and documents to establish your business in Indonesia.

FREQUENTLY
ASKED QUESTIONS
 

Read the FAQ to find out the potential solution of your investment in Indonesia. If you need further assistance, consult with us in person!

CONSULT WITH US

CONSULT WITH US

The Indonesia Investment Promotion Center (IIPC) New York office is the official representative of the Indonesian Ministry of Investment / Indonesia Investment Coordinating Board (BKPM) for the America region. It provides free consulting services on Indonesian investment opportunities, procedures, and assistance to identify potential local partners in Indonesia.

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Tessal Maharizky Febrian
Director

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Meidina Megan
Deputy Director

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Hugi Reyhandani Munggaran
Investment Analyst

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Jovita Putri
Public Policy Analyst

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Neiny Usman
Business Development

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New York Office

370 Lexington Avenue Suite 1903

New York, NY 10017

 

iipc.newyork@bkpm.go.id

Tel: +1 (646) 885-6600

Indonesia Head Office

Contact Us

Contact us: +1 (646) 885-6600

Indonesian Ministry of Investment / Investment Coordinating Board

Jalan Jendral Gatot Subroto No.44

Jakarta 12190

Tel: +6221-525-2008

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