Indonesia’s economic trajectory and the opportunities for UK businesses in the world’s fourth most populous country were explored by Dr Desra Percaya, the newly-appointed Indonesian Ambassador to the UK, during an Asia House briefing today (15 February).
In a comprehensive discussion, the Ambassador updated Asia House Corporate Members on Indonesia’s political and economic outlook amid diverse global and regional dynamics, from COVID-19 to US-China rivalry.
Ambassador Percaya, who took up post in October 2020, outlined the policy responses being developed to boost Indonesia’s economy, and shared his thoughts on the sectors particularly favourable to UK investment. The increasing importance of ASEAN in helping to manage regional affairs was also discussed.
Asia House Corporate Members joined the discussion from around the world, with an array of questions put to the Ambassador reflecting the strong interest in Indonesia among the Asia House network.
Issues raised included the current state of UK-Indonesia trade ties and how bilateral relations and economic collaboration can be strengthened; Indonesia’s efforts to incentivise green infrastructure investment and the latest plans for the relocation of the political capital from Jakarta; and the latest developments on the Omnibus Law. Indonesia’s ambitions for its G20 presidency next year, and its ASEAN Chairmanship in 2023, were also discussed.
Chaired by Asia House Chief Executive Michael Lawrence, the digital off-the-record briefing enabled Corporate Members to engage with the Ambassador on the key issues around UK-Indonesian trade and investment.
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