The Indonesian economy is one of the largest economies in the whole Southeast Asia, and also in the whole of Asia, because of its location. It is currently the fourth most populated country, and home to over 200 million people, both native and foreigners included. The country’s economy is said to be one of the best and the reason for this is mostly because they have a lot of different trending industries in the market. The fact that the country holds a dominant position in the contribution to the economy of Southeast Asia, goes to show how extensive and lucrative the Indonesian economy is. Their relationships with neighboring countries are also good, and they are members of an Asian countries group called ASEAN (Association of Southeast Asian Nations). They are currently a top choice for foreign investments due to these reasons, now add the fact that real estate costs for sale in Indonesia are at a very affordable level for foreigners, and you get a foreign investment magnet.
Even on the global stage, Indonesia has been said to be a growing and emerging market that has prospects for the future. Of all their industries, technology, consumer goods, tourism, agriculture, construction, and healthcare are dominant among the thriving industries in the current Indonesian economy.
Most Profitable Industries in Indonesia
As mentioned previously, there is a diverse number of industries that are doing pretty well but some industries still stand out as very lucrative and highly profitable.
- Technology: Along the direction where the current world is headed, the young and tech-savvy population of Indonesia has also picked up on the trend. The technology and e-commerce industry has seen the most growth in Indonesia in recent times. You can always find companies offering online marketplaces, payment solutions, and digital services. The government has also been trying to improve internet usage and exposure to smartphones in the country.
- Tourism: Indonesia is popularly known for its tourism industry. They have everything, from naturally beautiful landscapes to cultural heritage, and lots of attractions. If you are interested in going into the tourism industry in Indonesia, then the suggested places for establishing your business will be places that attract the most number of visitors like Jakarta, or Bali Island for example.
- Consumer Goods and Retail: Fast-moving consumer goods companies are also on the rise now that the consumer goods and retail business is moving. Going into this business in Indonesia however will require you to do more research into the goods that are popular among consumers.
- Infrastructure and Construction: A large-scale movement to improve the infrastructure within the country is ongoing. This step has attracted a lot of foreign investors who also wish to make their fair share. If you want to invest in real estate in Indonesia or the infrastructure and construction sector, then now might be the best time.
- Agribusiness: With such a blessed, fertile land as Indonesia, Agriculture is and remains a very important sector in the country, and for more reasons than one. The employment opportunities this sector creates are probably the highest and its contribution to the country’s total GDP is invaluable.
- Healthcare: The Indonesian government is investing in the healthcare sector as one of their top industries. With the country’s population currently estimated to be around two hundred million, the government decided it was time to focus and invest in providing adequate healthcare for the people. This has in turn led to a rise in the sector in recent times.
Indonesia provides a lot of opportunities for you, but do not forget that when planning, you still have the right real estate to start your business.
Find the Place to Start your Business
Indonesia has no restrictions on foreigners to own properties. The government also gives many incentives and policies that attract foreign investors. However, this is still a big country, how do you find the right place and the right property type for your business?
Using a real estate aggregator is the simple solution. What is a real estate aggregator? Indonesia-real.estate is the only aggregator you’ll need for anything real estate in Indonesia. They are a website with a list of different properties for sale in Indonesia. If you are looking for housing properties, they have:
- Apartments
- Penthouses
- Duplexes
- Bungalows
- Townhouses etc.
If you are going for commercial properties they have:
- Warehouses
- Shops
- Offices
- Staff accommodations
- Cafes and Restaurants
- Hotels
- Resorts etc.
The best part is the range of the list is so spread out you can get any of these properties in any place in Indonesia; Jakarta, Bandung, Medan, Surabaya, and Bekasi, to mention a few. The website also has filters that can help you search for your desirable property options faster. The visual representations on the website also give you some impressions of what you are looking to buy. Overall, the website is made to be easily accessible and to make house hunting in Indonesia easy for potential clients.
What Better Time to Start
Indonesia’s economy is rising at the moment, from real estate to tourism, construction, health, technology, etc., foreigners get to take their pick from among all these and benefit massively from Indonesia’s favourable investment climate, and supportive government policies. This country is a fun place to be, especially for tourism and when it comes right down to the business, it is also a highly profitable region for all sorts of businesses providing lots of opportunities for people. Being acknowledged on the global stage also proves that there is a future for Indonesia on the global stage. So what better time to start investing in businesses in the country than now?
