TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsDownstream energy sector goes digital
Companies need a master game plan with five crucial steps to success.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Green energy: Two workers check a street lamp that uses solar power on Teluk Harapan. (JP/Syafrizaldi)
A
s Southeast Asia’s most populous nation, Indonesia is a formidable economic hotspot. McKinsey projects Indonesia to be the seventh largest economy in the world by 2030.
Growth drivers include a relatively young population, a new consumer class and the rapid urbanization of cities.
Challenges include low labor productivity, rising inequality and soaring consumer demand. Euromonitor International maps Indonesia to be the third-largest middle-class market in 2030, after China and India.
With the local middle-class population projected at around 20 million households by 2030, the local demand for plastics and refined hydrocarbons is set to increase.
