Indonesia Investment growth is predictably 6.2% in 2017. It is in a line with the prediction of indonesia growth that is predicted to touch rate 5.2% next year, said regional director of ICAEW south east asia, mark billington.
The progress of indonesia competitiveness capability has pushed the investment growth, bisnis sectors, flow of trade, and household expenditure and employment. Mark advised that indonesia business sectors have to maintain the strong capital flow as the opportunity of investors interest increasing and government has to provide limbering and smooth credit supply in order for the economy to move fast.
Recently, government has contributed to withdraw much investors such as foreign through the ease regulation and promising conducive business circumstance for the investment. Jokowi has simplified the investment permit and procedure thus the flow of foreign capital to the country significantly continue among which cina, japan, singapore, netherland listed as the big investors.
Beside the policy of tax amnesty has been a long prospect to increase the number of investment especially through the repatriation of offshore domestic investors.
The good indication of investment growth in indonesia and south east asia is much influenced by non dependence of south asia countries to commodity. While the commodity's performance in international trade tends to stagnate, the south asia countries find for another resolution to break the problem.
From the period of 2011-2015 ASEAN economy growth persists in 5 percent rate seemingly going rapidly with another emerging market. While USA economy growth maintain at rate 2.1%, africa 3.4% and middle east 3.1%, mark said. The ratio of debt to gross domestic bruto (GDB) that is in the lower limit becomes the other reason ASEAN economy growth. Above all factor of china's economy is decisive for the rapid movement of ASEAN economy. This means the downturn of china's economy is bringing the impact toward ASEAN,s economy.
Indonesia is realistic over the existence of china as the important country in asia. Indonesia has made approach to closely tie with china in term of economy partnership. Indonesia has initiated export of tropical fruits for instance to china and cooperate with alibaba group to expand and learn more in e-commerce sector.
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