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.

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WHY INVEST IN INDONESIA?

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272 
MILLION
PEOPLE

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Construction Site

5% P.A

ECONOMY 

GROWTH

Largest population in Southeast Asia

Indonesia has the largest domestic market in Southeast Asia with a population of more than 272 million. 2 out of 3 people are of working age which will boost the country's productivity. It also has a robust domestic market with more than 64 million people in the middle class.

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. Indonesia also improved 47 positions on World Bank's Ease of Doing Business (EODB) indicator, holding the 73rd position in 2019.

Fast and robust economy growth

In the last five years, Indonesia has a robust and stable economy growth with more than 5% p.a. Mckinsey reported that with this growth rate, Indonesia will be the 7th biggest economy in the world by 2030.

Construction Plans

USD 1 TRILLION 

ECONOMIC

GDP

The 16th biggest economy in the world

Indonesia's GDP reached more than USD 1 trillion in 2019. The economy is dominated by a strong contribution from certain sectors such as mining, petroleum & natural gas, and textile.

 

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High mobile & internet

penetration

Indonesia's digital economy is worth USD 40 billion with a 28% CAGR. Out of the total population, it has 176 million internet users with 17% penetration growth. It creates a huge opportunity to unlock the hyper-growth of digital economy in the future.

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BBB/STABLE

Baa2/STABLE

RATING

Good credit rating by S&P and Moody's

Indonesia's credit rating is considered "investment grade" by S&P and Moody's. It has been rated BBB/Stable by S&P and Baa2/Stable by Moody's.

 
 
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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

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 the Indonesian Positive Investment List 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 Services (OSS)

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

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.

 

2023

Year Established

206

Projects Completed

870

Contractors Appointed

26

Awards Won

 

INDONESIA INVESTMENT DAY

PROJECT LIST

 

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

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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Inquiries

For any investment consultation, please contact:

+1 (646) 885-6600 or fill out the following form

Contact Us

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: +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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Muchammad Iqbal

Director

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Meidina Megan
Deputy Director

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Aninda N. Savitri
Investment Analyst

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Tsamara Amany
Public Policy Analyst

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