1 / 12

SERVICE INDUSTRY IN INDONESIA

SERVICE INDUSTRY IN INDONESIA. Romi Prasetio & Kenedi Nababan - Indonesia. Discussion Coverage. Composition of Service Sector in Indonesia Growth of Service Sector Contribution to GDP Contribution to National Vacations Problems & Prospect Government Policies.

meagan
Télécharger la présentation

SERVICE INDUSTRY IN INDONESIA

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. SERVICE INDUSTRY IN INDONESIA Romi Prasetio & Kenedi Nababan - Indonesia

  2. Discussion Coverage Composition of Service Sector in Indonesia Growth of Service Sector Contribution to GDP Contribution to National Vacations Problems & Prospect Government Policies

  3. 1. Composition of Service Sector in Indonesia : 1. Construction ►Highways, Main Streets, Bridges, Public Service 2.Transportation & Communication ►Railways transport, Road transport, Sea transport, River & Lake transport, Air transport. ►fixed Line & Cellular Finance ►Bank, Non-Bank Financial Institution, services allied financial institution. Tourism ►Trade, Hotel & Restaurant 6. Social & Private Services ►Hospital, GAD, Amusement & Household Services

  4. 2. Growth of Service Sector* Major driver of service sector growth : Transportation & Communication (13%-14% pa) Other Sector : Construction (7%-9.3% pa) Tourism (7%-8% pa) Financing (6%-7% pa) Social & Private Service (5%-6% pa)

  5. 3. Contribution to GDP* Tourism (16-17%) Social & Private Services (9%) Financing & Business Service (8-9%) Transportation & Communication (5-7%) Construction (5-6%)

  6. 4. Contribution to National Vocations* Tourism (20-22%) Social & Private Service (11-12%) Transportation & Communication (5-6%) Construction (4-5%) Financing & Business Service (1-1.5%)

  7. 5. Problems & Prospects Problems : High Corruption Rate Bureaucracy Unbalance development between west & east Indonesia Moral Hazard Infrastructure is poor and the cause for high transaction costs, making the country less competitive Prospects : Indonesia is a wide country, especially for developing east Indonesia for all sector of service industry

  8. 6. Government Policies - FDI - Regional Autonomy - Appoint specifically ministry for East Indonesia development (since 1999) - Agree and giving countenance to ASEAN Mutual Recognition Arrangement on Engineering (2005)

  9. 6. Government Policies - Transparency in the implementation of bank restructuring and in the management of problem bank assets (GCG & KYC) LPS Established (National third party funds guarantee institution), for increase the public trusty after crisis (1997-1998)

  10. Government Policies - Since 2004 Indonesia has to abolish tariffs on a number of sectors, including rubber, electronics, textiles, air travel, fisheries and wood

  11. Conclusion - Major driver of service sector growth : Transportation & Communication - Contribution to GDP and National Vocations : Tourism Indonesia is in need of structural reforms improving the country’s business climate and infrastructure

  12. Thank You

More Related