5 promising industries in Indonesia

Mining and Energy Industry
The mining and energy industry is the sector that currently makes the largest contribution to Indonesia's annual GDP growth. The country's significant mineral reserves and coal reserves remain attractive assets for investors to explore from time to time. Initially, the mining industry was centered around silver, tin, and bauxite. In recent and future plans, the government is seeking to expand copper, coal, gold, and nickel for export to other markets. As for the energy sector, the assumption is a forecast of growth in demand for electricity by an average of 8.3% per year during the period 2017-2026. Until 2026, the PLN government (state-owned electric power company), together with private investors, is expected to build a total of 77.8 GW of electricity; 67,000 kilometers of transmission network; 464 kilometers of distribution networks and a total of 222,000 MVA transformer substations in the Indonesian archipelago.

Affordable infrastructure in Indonesia is still far from the ideal modern expectation of living in the country. This condition, however, gives a good signal to potential investors to invest their money in the sector. The government is highly committed to improving basic but modern facilities throughout the country. Toll roads, bridges, airports, ports, and power plants are among the priority projects of the government, some of which were ordered and used, and the rest are planned, designed and built.

Leisure and Tourism Industry
Entertainment and tourism, including hotels and amusement parks, are becoming a major component of the tourism industry. Exotic cultures and beautiful landscape should attract foreign tourists to visit. The government is very supportive of all efforts to promote the tourism industry in Indonesia in order to improve the country's economy. This is a great opportunity for investors to conduct business in this sector.

Indonesian clients of financial services are growing faster, control over the industry is becoming increasingly tense, and competition is increasing. Welfare has led Indonesian citizens and businesses to start looking for ways to protect assets and manage finances in the 21st century. Words like mutual funds and estate planning are starting to become relevant. Consumers, of course, turn to the Internet for a lawyer. Investors can count on the fact that in Indonesia there are still many financial tips and technologies for comparing technologies, but also have to choose their founders wisely, as not every entrepreneur can create a first-class product fintech.

The industrial sector is the sector that currently makes the largest contribution to Indonesia's annual GDP growth. The two most important sub-sectors of the industrial sector are mining and manufacturing. Indonesia, for example, is a leading manufacturer in this sector with products such as motorcycles. In 2017 alone, 5.9 million Motorcycles were sold, mostly made by Honda and Yamaha.

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