Looking at the economic conditions in Indonesia that continue to grow, especially with the many reforms on the side of bureaucracy and investment regulations, many foreign investors have begun to glance at the potential to do business in Indonesia.
The company made Indonesia a place to invest because of the potential size of raw materials, abundant labor, large and growing country markets, dense with which population in adjust strongly the purchase amount, the vast land, etc.
In this article, we will emphasize on 5 promising business sectors in Indonesia that are expected to bring many foreign investors to Indonesia. Here’s an overview:
Business Sectors in Indonesia
1. Hotel and Tourism Industry
Exotic view of wonderful Indonesia and the beauty of various cultures have hypnotized millions of visitors and conversations from around the world every year.
Therefore, many hotels are international standards are trying to find a place in Indonesia for the procurement of hotels and tourism industries, especially in large cities such as Jakarta, Bandung, Denpasar, Semarang, Medan, Balikpapan, Makassar, Surabaya, and others.
Because of the large number of foreign tourists that coming to Indonesia via Jakarta, Bali, and Batam Riau, the three provinces are the main targets for the hotel and tourism industry.
2. Trade and Retail Sector
Indonesia constitutes a country that in the country’s market for retail and trade sectors, along with China, the United Arab Emirates, India, Kazakhstan, Turkey, and Malaysia.
In addition, increasing the population of the middle class in Indonesia, as well as the rapid and wide penetration among the four largest populations is also an additional consideration for foreign investors.
The best thing in terms of is a challenge in distribution in Indonesia, the government is focusing more on infrastructure to bridge the link between an area and the islands of Indonesia so that commodities can be channeled to be easier and more effective.
In the presence of this, investor desire in the retail and trade sectors of the Indonesian country.
3. Online Sales
The next trend that is growing for foreign investment in Indonesia is online sales business or E-commerce.
The main reason is because Indonesia is a country with a dense population, and the majority of its population has access to using the internet.
It is going to companies, merchants, and retailers to achieve their personal market targets.
4. Infrastructure and Construction
Indonesia’s ambition to attract and inviting foreign investor has made the country committed to improving infrastructure to enable easier access and distribution to commodities and services for all parts of the province in Indonesia.
This represents the opportunity that is sacred big for foreign investors to take part in development. On the go are ports, airports, expressways, electricity, and transportation which are in the top of the list.
In addition, properties would be other sectors that can attract many investors.
The vast land and the magnitude of population, and followed by steady economic growth is a reason why property business is a great opportunity for investors.
5. Factories and Agriculture
The government opened the door for labor intensive enterprises, especially in the manufacturing industry to do business in Indonesia.
It’s going to give opportunities for local workers who will provide the immediate benefits of local communities.
Multiple companies it doesn’t work in Indonesia like garment, equipment, assembly, etc.
In other respects, agriculture is a business field in Indonesia that will never run out, considering that Indonesia does having culture as an agricultural country due to its fertile soil and a supportive climate for agriculture activities.
However, Indonesia is still on imports from foreign countries for some agricultural products, including meat, corn, and sugar to meet the national request.
Therefore, investor foreigners focusing on agricultural products, innovation, and technology are very welcome in Indonesia.
There are still many other sectors that also have great potential to develop in Indonesia.
If you know, try answering in the comments column!