Indonesia's 2012 economic growth is expected to top all other ASEAN countries, predicted to achieve a growth rate of 6.5% and up to 7% in 2012 – far ahead of its neighboring counterparts. This growth is heavily attributed to an influx of foreign direct investment (FDI) into the country, a growth of close to 5.2% in public and government consumption and exports, which are expected to rise between 14.9 to 15.3% by next year. These figures have triggered the Indonesian government to put in place expansive fiscal policies to support the economy, with some of it coming in the way of investments in excess of US$328 billion or a 10% growth from the year 2011.
On the ICT front, IDC expects continuous influx of FDI into the country to play a role in generating and driving the demand for ICT infrastructure and services within the country. The "spill-over" effects on foreign investments into traditional sectors in Indonesia will cause an inadvertent ripple-effect into the need to ensure connectivity, and communications tools are available for quicker turnaround time and go-to-market. IDC expects this to continuously play a role in driving ICT growth, coupled alongside increasing domestic consumption and heightened interest from end-user organizations in continuously attempting to achieve operational efficiencies and excellence within their organizations to ultimately reduce on overall operational cost.
With that, IDC’s 2012 Directions events brings you the latest insights and future opportunities of one of the world’s most exciting and fastest growing markets.