Indonesia’s close proximity and projected economic development will make it a strong trading partner for Queensland in the future – not to mention that Indonesia is a key regional leader in ASEAN of which $5.3 trillion of global trade passes through ASEAN’s waters each year.

Economy

Indonesia’s economy will evolve over the next five to 10 years into a modern economic powerhouse.

It is a dynamic, emerging market predicted to be a global top 10 economy by 2030 and have the third largest middle class in the world.

Drivers of demand will evolve as the country develops and the middle class grows.

Trade

Indonesia’s proximity to Queensland, demographics and ambitious development plans offer significant opportunities for Queensland companies.

Services that are in demand now such as project financing, design and management of infrastructure projects will change in five to 10 years to include personal financial services.

Healthcare will change from the provision of basic public hospital infrastructure to more specialist private healthcare delivery.

The middle class will increasingly demand more quality of life services such as aged care and child care.

The Queensland Government recently opened an office in Jakarta and appointed a new Trade and Investment Commissioner to strengthen its capacity to support Queensland businesses trading with Indonesia.

The Suramadu Bridge at Twilight, Surabaya, Indonesia. It is the longest Bridge in Indonesia.

Indonesia opportunities

CurrentFuture

Current

  • Roads
  • Ports
  • Hospitals
  • Live cattle
  • Education and training
  • Project consultancy
  • Smart phone solutions
  • Coal, gas and geothermal

Future

  • Mass transit, e.g. increased air travel
  • Beef
  • Financial services
  • More advanced healthcare
  • Aged care
  • Renewable energy
  • Insurance
  • Superannuation
  • Gourmet and functional food
  • Sustainable design
  • Eco living
  • Alternative fuels

Sector opportunities in India

US$500bn National Infrastructure Program

Infrastructure

The Indonesian Government’s US$500bn National Infrastructure Program over the next five years opens opportunities for Queensland providers of services and technologies along the value chain for the development of ports, airports, roads, water and energy projects.

2 million live cattle target

Food and agribusiness

Opportunities around the development of Indonesia’s beef herd and associated expertise in veterinary services, pasture and horticulture development, genetics and meat processing consultancies.

18,000 students

Education and training

Indonesia’s developing economy will require training across several sectors including transport, mining and agriculture.

Relevant library resources Complete library

Indonesia Market Overview

Indonesia Market Overview

February 15, 2017

Export market overview and commissioner profile for Indonesia

View this resource

Commissioner’s intel: How to take your business to Indonesia

View the videos below, and hear from TIQ’s former Trade and Investment Commissioner Oka Simanjuntak as he speaks of the opportunities in Indonesia.

Oka Simanjuntak: Business trends in Indonesia: Emerging opportunities in the market

Oka Simanjuntak: Practical tips: Hands on advice for doing business in Indonesia

Oka Simanjuntak: Doing business with Indonesia? Learn how TIQ can assist

Oka Simanjuntak: opportunities in food & agribusiness sector

Oka Simanjuntak: opportunities in education & training sector

Oka Simanjuntak: opportunities in urban infrastructure sector

Oka Simanjuntak: A Queensland knowledge industries success story in Indonesia

Oka Simanjuntak: A Queensland mining & resources success story in Indonesia

Oka Simanjuntak: Tips for entering the Indonesia market