INVEST IN INDONESIA
Indonesia is the 16th largest economy with more than USD 1 Trillion of GDP with stable economic growth with more than 5% p.a.
WHY INVEST IN INDONESIA?
272
MILLION
PEOPLE
Largest population in
Southeast Asia Region
Indonesia has the largest domestic market in Southeast Asia with more than 272 Million people. 2 out of 3 populations are in working age that will boost the country productivity. It also has strong domestic market with more than 64 Million is the Middle Class.
High openness degree to foreign investment
Most business field in Indonesia are open for 100% foreign ownership including e-commerce, restaurant, toll road & future broker. Indonesia also improve 47 position on world rank ease of doing business with rank in 73 position in 2019.
5% P.A
ECONOMY
GROWTH
Fast and robust economy growth
In the last five years, Indonesia has a robust and stable economy growth with more than 5% p.a. Based on Mckinsey report, with this growth rate, Indonesia will be the 7th biggest economy in the world in 2030.
USD 1 TRILLION
ECONOMIC
GDP
The 16th biggest economy in the world
Indonesia gross domestic product reach more than USD 1 Trillion in 2019. The economy dominated by strong contribution from selected sectors including mining, petroleum & natural gas, and textile.
High mobile & internet
penetration
Indonesia has USD 40 Billion digital economy with 28% CAGR. Out of the total population, It has176 Million internet user with 17% penetration growth. It creates a huge opportunity to unlock hyper growth digital economy in the future.
BBB/STABLE
Baa2/STABLE
RATING
Good credit rating by S&P and Moody's
Indonesia credit rating rated as Investment grade position by S&P and Moody's. Its credit rating has rated BBB/Stable by S&P and Baa2/Stable by Moody's.
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. It is including to check the Indonesia business fields openness (DNI or negative lists of investment).
2. Set up a foreign representatives office or a company in Indonesia
In order to do business in Indonesia, the potential investor could open a temporary foreign representative office (FRO) or directly set up a permanent company in Indonesia. The purpose of the FRO is to test the Indonesia market whether or not is fit to their business before commits an investment.
3. Register online single services (OSS) account
OSS is the single online portal for investors to register and maintain their business license & activity in Indonesia.
4. Get the single business identification number (NIB)
Login to the OSS portal and complete the required data to get a single business identification number (NIB).
5. Get the business license and start operation
The business license is issued with the commitment statement for location permits, environmental permits, and building construction permits.
2023
Year Established
206
Projects Completed
870
Contractors Appointed
26
Awards Won
PROJECTS
HOW IIPC CAN HELP
GET UPDATES
foreign representative office (fro)
setup
Along with Indonesia embassy in your country, We help you to create the legal entity of your company in Indonesia.
letter of reference
As part of company setup, IIPC help process the letter of reference (LOR) for your company to operate in Indonesia.
BUSINESS
GUIDELINE
This document is a quick guide for you including all the procedures and documents to open your business in Indonesia.
FREQUENTLY
ASKED QUESTION
Read this FAQ documents to find out the potential solution of your investment in Indonesia. furthermore, consult with us in person!
CONSULT WITH US
Indonesia Investment Promotion Center (IIPC) New York office is a government agency as the official representative of Indonesia Investment Coordinating Board (BKPM) for America region. It provides free consulting services on Indonesia investment opportunities, procedures, and helps to find the potential local partners for the America investors.
Inquiries
For any investment consultation, contact:
646-885-6600 or fill out the following form
Contact Us
New York Office
37 Lexington Avenue Suite 1903
New York, NY 10017
Tel: 646-885-6600
Indonesia Head Office
Contact us: 646-885-6600
Indonesia Investment Coordinating Board
Jalan Jendral Gatot Subroto No.44
Jakarta 12190
Tel: +6221-525-2008
Muchammad Iqbal
Director
Angga Hafiiz
Deputy director
Maulana Muhammad
Investment analyst
