In a recent post published in Mekar, Thierry Sanders highlighted the top 10 reasons to invest in Indonesia.
Here’s a snapshot of his Reason #5 – Growing and efficient digital economy ecosystem
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Indonesia’s digital economy is expected to almost double in value from USD 40-billion this year to USD 130-billion by 2025 says the “e-Conomy Southeast Asia” study by Google, Bain and Temasek.
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The sector including e-Commerce, ride hailing, payments, lending, and insurance has grown annually by 88-percent since 2015.
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The ramifications are enormous across many industries: lower transaction costs, faster deliveries, growth in retail industry (eCommerce).
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The digital boom has increased Internet penetration to 170-million users across Indonesia.
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There are now 70-million smartphone users in Indonesia.
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This has forced the government to increase Internet coverage and bandwidth infrastructure.
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In short, the digital infrastructure to leverage your (impact) investments is being rolled out as we speak!
