As a fellow democracy with the world’s largest Islamic population, with 253 million people spread across an archipelago of 17,000-18,000 islands, and an economy growing 6 per cent a year, Indonesia is the waking giant only 800 kilometres beyond Australia’s northern border.
With burgeoning cities in clear need of greater infrastructure development, the time is right for Australian institutional investors to establish a foothold in this market through vehicles such as superannuation. A growing middle class presents tremendous opportunity for established Australian businesses and ambitious entrepreneurs who want to expand their operations beyond our borders into exciting frontiers.
With a GDP per capita of $US4,271 and a middle class expected to double to 140m by 2020, it is no surprise our key competitors have awoken to the potential of this market which is expected to overtake Australia’s GDP by 2022, on a steady path to becoming the world's fourth biggest economy by 2040. However some Australian investors appear asleep at the wheel, with sections of our business and investment community seemingly indifferent to the need for an enduring two-way relationship.
More at http://www.businessspectator.com.au/article/2014/4/1/economy/wake-indonesias-investment-potential
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