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DATE AND TIME
Wed, 26 Apr. 2017, 09:15
Wed, 26 Apr. 2017, 16:35
EVENT LOCATION
LCCI
33 Queen St
London,
EC4R 1AP,
Chris Wren, CEO, British Chamber of Commerce in Indonesia, is dedicating a full day at LCCI to advise UK SMEs seeking to enter the Indonesian market. His advice will be specific to your business needs and will assess your readiness to export to this exciting and growing market.
If you would like to discuss the opportunities for your company in Indonesia and book an individual appointment (45 minutes), please complete and return the application form (see button below). The LCCI will then contact you to arrange an appointment. Please note that places are limited.
Why Indonesia?
Indonesia, the largest economy in South East Asia (SEA), is a diverse archipelago nation of more than 300 ethnic groups. It has charted impressive economic growth since overcoming the Asian financial crisis of the late 1990s. The country’s gross national income per capita has steadily risen, from £520.00 (US$560) in the year 2000 to £3,065.00 (US$3, 834) in 2015.
Today, Indonesia is the world’s fourth most populous nation and the world’s tenth largest economy in terms of purchasing power parity. It is the only permanent SEA country in the G20.
The vast archipelago of Indonesia represents more than 40% of both the GDP and the population of ASEAN. The consuming middle class is estimated to number around 80 million in five years’ time, 60% of whom will be under 32 years old.
Indonesian demographics mean that there are opportunities across all sectors, including:
• Education
• Financial and professional services
• Infrastructure
• Oil and Gas
• Healthcare
• Retail and consumer goods
• Defence and security
• Energy / Environment
• ICT / Creative and media
• Manufacturing
• Hospitality / Tourism
However, there are still challenges to overcome. Market access can be complex and time-consuming. Indonesia is more suited for businesses that have prior export experience and can afford to look at market entry in a strategic way. The BritCham can help you build a cost-effective visit programme that will boost your in-country knowledge, expand your networks and bring you into contact with pre-qualified partners.