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Indonesia market overviewIndonesia is a dynamic, emerging market predicted to be a global top ten economy by 2030. Its proximity to Queensland, demographics and ambitious development plans offer significant opportunities for Queensland companies. By 2030, Indonesia will have the third largest middle class in the world. Drivers of demand now will evolve as the country develops and the middle class grows. The Queensland Government recently opened an office in Jakarta and appointed a new Trade & Investment Commissioner, to strengthen its capacity to support Queensland businesses trading with Indonesia.
billionUS$500
infrastructure program
2 millionlive cattle students
18,000in Australia3
InfrastructureThe Indonesian Government’s
$500b National Infrastructure Program1 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.
Food and agribusinessOpportunities around the development of Indonesia’s beef herd and associated expertise in veterinary services, pasture and horticulture development, genetics
and meat processing consultancies.
Education and trainingIndonesia’s developing economy
will require training across several sectors including transport, mining
and agriculture.
NOW MID TERM LONG TERM• Roads• Ports• Hospitals• Live cattle• Education & training• Project consultancy• Smart phone solutions• Coal, gas, geothermal
• Mass transit (increased air travel)
• Beef• Financial services• More advanced healthcare• Aged care• Renewable energy
• Insurance• Superannuation• Gourmet food/functional food• Aged care• Sustainable design• Eco living• Alternative fuels
Current opportunities
Future opportunities
Indonesia’s economy will evolve over the next 5-10 years into a modern economic powerhouse. Services which are in demand now such as project financing, design and management of infrastructure projects will change in five to ten 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.
target2
Trade & Investment Commissioner for Indonesia
With over twenty years of international experience, Oka has held senior positions in various sectors such retail, food and beverage, financial services, international trade and investment, construction, infrastructure and the mining sectors. In his various positions, he actively covered several countries such as the USA, Malaysia, Brunei, Australia, Singapore and Indonesia.
Throughout his career Oka has worked for several global organisations such as: Orica Mining Services, the Leighton Group, GroundProbe, the Australian Trade Commission, the International Finance Corporation-World Bank Group and Macy’s New York.
Prior to joining TIQ, Oka worked at Orica Mining Services based in Jakarta Indonesia as the Regional Lead Asia Key Account Manager for South-East Asia. He shaped the company’s international business development strategy, built relationships with key stakeholders and led a multi-national team that managed major projects in multiple countries.
Trade & Investment Queensland, Indonesia Office
ANZ Tower, 16th Floor, Jl. Jend. Sudirman Kav. 33A Jakarta 10220 Indonesia
Trade & Investment Queensland, Brisbane Office
Level 10, 1 William Street, Brisbane Queensland 4000 PO Box 12400 George Street, Brisbane Queensland 4003
Oka Simanjuntak
+62 21 5790 5620
+62 811 9954 331
TIQ
-16-
1116
Key Activities1
2
Education Roadshow to 5 cities – Q4 2016
Infrastructure Mission – Q1 2017
QLD Premium Food and Beverage – Q1 2017
VET School Tour – Q2 2017
3
4
TradeandInvestmentQld
@tradeinvestqld
tiq.qld.gov.au
Trade & Investment Queensland
+61 7 3514 3147
1 www.adb.org/news/adb-president-praises-indonesias-reform-progress-highlights-need-action-economic-challenges2 www.abc.net.au/news/2015-06-29/big-market-emerging-for-breeder-cattle-to-indonesia/65799823 www.studyinaustralia.gov.au/EventViewTrainingDetails.aspx?Bck=Y&EventID=57&DisplayType=C
