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Investing into Indonesia

Indonesia continues to be the largest economy in the Southeast Asia region. Indonesia has a well-balanced economy and steady GDP growth in which all major sectors play an important role. Historically, agriculture and energy have been the dominant sectors in terms of both employment and output. Indonesia also produces of a broad range of commodities, as well as consumer and industrial products. Palm oil has been the country’s largest export in recent years, followed by oil and gas, mining products, chemicals, mineral fuels, textiles, electrical equipment, agricultural products, and machinery. The current administration’s focus on infrastructure has attracted more foreign investment, particularly from China. In the past few years, foreign direct investment from China has increased rapidly, and as a source of investment in Indonesia, China is now in the top three countries, behind Singapore and Japan. Under China’s Belt and Road initiatives, Indonesia is benefitting in terms of gaining infrastructure-related engineering and technology expertise and long-term capital project financing from China...