BBL targets investment options in Indonesia

Bangkok Bank (BBL) sees significant business opportunities in Indonesia over the next two decades and says it is committed to supporting Thai businesses expanding into the country.

- SOMRUEDI BANCHONGDUANG

Indonesia is one of the fastest-growing economies in the world, driven by government strategies, a large and youthful population of 284 million, and abundant natural resources. With these strong fundamentals, Indonesia’s economy is expected to experience sustained growth over the next 20 years, said BBL president Chartsiri Sophonpanich during his visit to the bank’s Indonesian branch, Permata Bank, last week.

Under the Golden Indonesia Vision 2045, the country's GDP is projected to become the fourth-largest in the world. Indonesia has the 16th-largest economy with a GDP of US$1.54 trillion, and is the No.2 investment destination in Southeast Asia, attracting total foreign direct investment inflows of $105 billion.