Indonesia’s policy stance will remain open to foreign investors despite there being some form of protectionist measures to safeguard certain domestic sectors and small businesses, says the Singapore-based Indonesian Investment Promotion Centre (IIPC).
“There is enough room and sectors for investors to participate in our vast economy,” IIPC head Muhamad Harri Santoso said during a breakout session themed Indonesia: Investment Outlook and Performance at the CIMB Asean SME Forum 2012.
According to Santoso, sectors such as food production, pharmaceutical and agricultural sub-segments such as livestock and fisheries may appeal to investors seeking business opportunities.
McKinsey & Co currently ranks Indonesia as the 16th largest economy in the world, offering up to US$500bil (RM1.53 trillion) worth of market opportunities for businesses in sectors ranging from consumer services, agriculture, fisheries, resources and education.