The Private Equity Indonesia Summit 2010 was held with the joint participation of top business and company leaders, international specialists, and academic representatives to discuss the most pressing events and recent opportunities in the Indonesian economy. One such opportunity is private equity investments.
Indonesia has always prospered through its main industries in tourism, mining, automotive, jewelry, gas, and other natural resources and commodities. This time, however, recent changes have provided a window of opportunity for more investment to come knocking on the door.
The Indonesian Central Bank has lightened its strict regulations on the fintech sector in order to encourage further development in the landscape. Along with this, demand for e-commerce-oriented offering continues to grow. Indonesia has always been a ‘mobile first’ culture, with the majority of the large young population opting to employ goods and services through app or web-based mediums. Now that companies like Alibaba and Traveloka are expanding capital, while businesses like Go-Jek are increasing their market penetration with new services like Go-Pay, the e-commerce industry will only continue to provide more investment openings.
The growing importance of health care in the focus of the Indonesian government will also allow more foreign investment into the country. The opening of the general hospital, as well as the medical device sectors, will be key to additional foreign investment. After this transition, a new hospital in Jakarta received an investment of 10 million dollars from the Netherlands. The US and South Korea also invested in the general hospital sector. Meanwhile, new businesses have been emerging within Indonesia instead of the medical device sector.
Between 2016 and 2017, foreign direct investments in Indonesia have risen by 8.5%. Experts expect this trend to continue, predicting that Indonesia will be ranked 7th worldwide regarding economic power by 2030. The Private Equity Indonesia Summit 2010 has ensured discussions in relevance to economic growth.