As the largest economy in the Southeast Asia region, Indonesia has a total GDP of US$888 million with target GDP growth set at 5.2%. The archipelago was ranked 91th out of 189 countries in the Ease of Doing Business 2017 report.
Indonesia certainly draws attention to many foreigners looking to establish their businesses in the country. Not forget to mention, Indonesia leading consumer-related market opportunities.
However, if asked about what industries that investors should avoid, we will advise you with none of it.
As the saying goes, there is no such thing as bad investment, but if there is a bad marketing, then the investment can deem to be a failure. Therefore, there are not specific industries that new entrepreneurs should not invest when the look into Indonesia.
However, the setbacks that they will want to look out for are the external factors that has a high possibility to take place in Indonesia, which we will discuss below. Basically, doing business in Indonesia is not as easy as it sounds, especially setting up the foundation of the business. Here are few of these challenges.