Having a GDP size of nearly US$ 550 billion in 2009, Indonesia is the third fastest growing economy in Asia and the largest economy in Southeast Asia. Much less affected by the global financial crisis than its neighbouring countries, Indonesia’s economy grew by 4.5% last year and is forecast to climb to 5.6% in 2010 and further still to 6% in 2011. Future economic expansion is expected to include more inclusive growth as nominal per-capita GDP is expected to quadruple by 2020.
A large part of the economic success of Indonesians is a result of prudent fiscal stewardship that focused on reducing the debt burden. Indonesia's debt to GDP ratio has steadily declined from 83% in 2001 to 29% by the end of 2009; the lowest among ASEAN countries, aside from Singapore which has no government debt. The country is ranked 1st among Asia-Pacific sovereigns by Standard & Poor's for best fiscal balance. In January 2010, Fitch ratings upgraded Indonesia's credit rating to BB+ with a stable outlook. The rating upgrade is in line with Indonesia's strong and sustained growth, and improving fiscal position. It is especially an enormous vote of confidence for investments in Indonesia.
How Can Participants Benefit?
- Get an understanding of Indonesia's bright economic prospects
- Obtain Insights into Indonesia's new drive for foreign investments and the new, emerging investment opportunities.
- Understand the business opportunities, incentives and procedures for investing in Indonesia's new economic growth provinces of Jakarta, Riau Islands, Gorontalo and the cities of Bandung and Balikpapan in East Kalimantan province.
- Meet and Establish contacts with key Indonesian officials
| Time |
Programme |
| 9.30 am |
Registration
|
| 10.00 am |
Opening Address by
SBF Chairman - Mr Tony Chew
|
| 10.10 am |
Welcome Address by
Hon. Mr. Lim Hng Kiang
Minister for Trade and Industry,Singapore
|
| 10.20 am |
Keynote Address by
BKPM Chairman – Mr Gita Wirjawan
|
| 11.00 am |
Dialogue Session 1
Panelists:
- BKPM Chairman – Mr Gita Wirjawan
- Indonesian Ambassador to Singapore – H.E. Wardana
- SBF Chairman – Mr Tony Chew
|
| 11.45 am |
Dialogue Session 2
Panelists are from Investment Board of
- Jakarta Province
- Riau Islands Province
- Gorontalo Province
- Bandung City
- Balikpapan City
|
| 12.30 pm |
Networking Lunch
|
| 1.30 pm |
1-to-1 Session*
*(If you are interested in the session, please inform the
registration counter at the event)
|
| 4.00 pm |
End
|
|