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Home » Indonesia Becomes More and More Attractive Place to Do Business

Indonesia Becomes More and More Attractive Place to Do Business

June 26, 2012
Knowledge at Wharton

That's not all. By the end of this year or early next year, Indonesia may join the club of 15 countries with an annual GDP of more than $1tr. In 2011, foreign direct investment reached a record $19.3bn and exports grew by 29 percent, reaching $203.62bn. Fitch Ratings in December granted Indonesia an investment-grade credit rating after 14 years of junk status, and Moody's Investors Service followed in January.

Indonesia's net foreign debt is now less than 10 percent of GDP, and a real possibility exists that the country might become a net creditor by the end of next year. Moreover, Indonesia's stock market is booming. It was one of Asia's best-performing markets, gaining 3.2 percent at a time when other exchanges suffered due to the global financial crisis. In April, the World Bank noted that "despite both domestic and international risks, Indonesia's economic fundamentals are solid."

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Keywords: international trade, 3PL, third party logistics, Indonesian trade and commerce, U.S.-Indonesia business and trade

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Global Trade Management Business Strategy Alignment Global Supply Chain Management Consumer Packaged Goods
KEYWORDS 3PL Asia Pacific Business Strategy Alignment consumer packaged goods Global Supply Chain Management Global Trade Management Indonesian trade and commerce international trade Supply Chain Analysis & Consulting Third Party Logistics U.S.-Indonesia business and trade
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