Introduction

The Asia Pacific Region is growing tremendously and Indonesia is identified as a High Growth Market with a forecast of 5 to 7% economic growth. This is due to the opening up of its economy, political stability, currency stability and progress made in terms of Free Trade Agreement. Business confidence is high in Indonesia as it already repays its loan ahead of schedule. Generally the cost of doing business is low in Indonesia though not as low as Vietnam and China.

Indonesia is rich in resources and has the largest Muslim population in the world with about 250 million people creating a huge domestic market. These 2 factors will enable it to compete successfully in the global market. There are many opportunities and lot of projects in Indonesia especially in the area of infrastructure. The government is now far more business minded and many measures have been taken to make procedures simpler and to encourage foreigners to invest.

In order to be successful in Indonesia, you need to understand the culture, customs, religion as well as the labor laws and practices so that you are able to build trust and relationship in effectively delivering results.