Photo: Capital of Indonesia, Jakarta
by Bill Triick, Chamber President
October 2, 2009, is Indonesia Business Day in Middletown (OH). This one-day program will be held at the Manchester Inn & Conference Center. Indonesia is this year’s focus of the annual Middfest International Celebration. The world’s fourth most populous country, Indonesia is the archipelago stretched out from the continent of Asia to the continent of Australia. US and Indonesia commerce are important economic partners and our governments are in the process of developing a new ‘comprehensive partnership’.
Indonesia's estimated Gross Domestic Product (GDP) for 2007 is US$408 billion (US$1,038 bn PPP).
In attendance and presenting will be the Indonesian Ambassador to the United States, the president of the American Indonesian Chamber of Commerce based in New York, the president of the United States-Indonesia Society, and many other representatives from Indonesia’s government agencies and industrial sectors. The content for the presentations and audience interactions include American success stories and US development of comprehensive partnerships. Ambassador Sudjadnan Parnohadiningrat will be the keynote speaker at lunch. Immediately following the early afternoon panel presentation by the Ambassador will be opportunities to meet with all Indonesian visitors for 15-minute one-on-one private consultations.
Middfest International in Middletown has celebrated individual countries around the globe for nearly the last thirty years. The Business Day portion is designed for international bankers; exporters and importers; secondary and collegiate curriculum directors and teaching faculty members in political science, economics, and economic development; high school and college students; and local/state/national government leaders who wish to expand their research and promotion interests. Clearly, all those above and in other occupations that have present and potentially future commercial interests with Indonesia should not miss this unique opportunity to meet the key contacts present at this gathering.
Economy of Indonesia
In 2007, estimated nominal per capita GDP is US$1,812, and per capita GDP PPP was US$4,616 (International Dollars).
services sector is the economy's largest and accounts for 45.3% of GDP
(2005). This is followed by industry (40.7%) and agriculture
(14.0%). However, agriculture employs more people than other
sectors, accounting for 44.3% of the 95 million-strong workforce. This
is followed by the services sector (36.9%) and industry (18.8%).
Major industries include petroleum and natural gas, textiles, apparel,
and mining. Major agricultural products include palm oil, rice, tea,
coffee, spices, and rubber.