Sign up | Log in



Home  >>   Daily News  >>Indonesia>>Investment>>Indonesia aims to attract more Australian real estate investment
NEWS UPDATES Asean Affairs   18  March  2016  

Indonesia aims to attract more Australian real estate investment

Indonesia aims to lure more real estate investment from neighboring country Australia by stepping up promotion and intensifying communications with Australian businesspeople.

According to Investment Coordinating Board (BKPM) data, four Australian companies have proposed  total investment of US$13 million into real estate in West Nusa Tenggara, a growing tourist destination next to Bali.

“Real estate is Australia’s largest investment in the world but its share in Indonesia is only 1 percent [of its global value],” said BKPM deputy chief on investment promotion Himawan Hariyoga in Jakarta on Wednesday.

The government, he continued, would encourage Australian investors to invest more in Indonesia’s real estate due to its strategic position as a neighboring country listed as Indonesia’s 12th largest investor.

Past political tensions between the two countries may be the reason for Australia’s meager investment in Indonesia, Himawan said.

Australian investment realization in Indonesia reached $168 million in 2015, mostly in the mining and husbandry sectors. Later, according to Himawan, it would aim for broader industries such as fishery, logistics and tourism.

Australia is among Indonesia's investment promotion focuses together with Japan, South Korea, Singapore, China and Taiwan, which is expected to help Indonesia achieve its Rp 3.5 quadrillion investment target realization in 2019.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           March 18, 2016 Subsribe Now !
• Thai bourse market report for February 2016 Subcribe: Asean Affairs Global Magazine

• Economists cut 2016 Singapore growth, inflation forecasts
• Indonesia aims to attract more Australian real estate investment
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• First Myanmar Investment to list first on Yangon Stock Exchange
Supreme investment planned for Cambodia
Asean Analysis                   March 18, 2016
• Asean Analysis March 18, 2016
Southeast Asia Dances to the Tune of Japan's Abe Doctrine
Advertise Your Brand

Asean Stock Watch  March 18, 2016
• Asean Stock Watch-March 18, 2016
The Biweekly Update
• The Biweekly Update March 18, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2021 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand