Indonesia
With almost 240 million inhabitants, Indonesia is the fourth largest country in the world. The archipelago encompasses more than 17,000 islands and, alongside its wealth of raw material deposits and agricultural resources, has a large domestic market with substantial development prospects.
The team of the representative office in Jakarta works for our customers in Indonesia.
Over the past few years, Indonesia has seen growth rates between 4 and 6%. In spite of this significant development, Indonesia still belongs to the transition countries, including all social problems. Companies on-site lack well-developed infrastructure and long-term capita. Foreign investments have strongly increased in recent years, particularly as a consequence of the investment act passed in 2007. The act defines, among other things, the rights of foreign investors and tax regulations. Good investment opportunities are available in many sectors with infrastructure, transport/logistics and manufacturing industry being particularly interesting.
DEG made its first commitment in Indonesia in 1972 and has maintained a representative office there since 1988. To date, DEG has provided a total of about 570 million euros for approximately 86 projects in Indonesia. Its current portfolio there is about 200 million euros.
