Business Forum - Festival Indonesia 2024
“Building an Economic Powerhouse: Leveraging Mutual Strengths in Digital Technology and Private Fund Sectors”
Indonesia and Australia, as neighboring countries, have shared deep-rooted historical relations dating back to ancient times. In the modern era, these ties have evolved into robust institutional frameworks, such as the Australia-Indonesia Comprehensive Strategic Partnership and the Indonesia-Australia Comprehensive Economic Partnership Agreement (IA-CEPA). Despite the growth in trade, tourism, and investment relations, there remains substantial untapped potential in these areas.
Victoria, in particular, has seen growing cooperation with Indonesia, offering numerous opportunities for further exploration. Among these, the digital technology industry, including gaming, and the superannuation and private fund sectors stand out as key areas of mutual strength and opportunity. Advancing collaboration in these "economic of the future sectors" is crucial for the development of regional equality and establishing an economic powerhouse for both countries.
Moreover, there is a significant Indonesian community residing in Australia, which presents unique opportunities for fostering bilateral economic relations. Leveraging the potential of Indonesian nationals in Australia can contribute to Indonesia's economic growth and strengthen the Indonesia-Australia bilateral partnership, particularly in the hospitality and digital technology sectors.
This Business Forum is organized by the Consulate General of the Republic of Indonesia in Melbourne and Festival Indonesia Inc., with support from the Embassy of the Republic of Indonesia in Canberra and the Indonesia Investment Promotion Centre in Sydney.
This business forum is part of the Festival Indonesia, a series of activities co-organized by the Consulate General and Festival Indonesia Inc., aimed at promoting Indonesian investment, trade, and tourism in Australia.
Objectives:
Introduce Business Opportunities in Indonesia, particularly in the new capital and Eastern Indonesia, as well as business opportunities in digital technology industry.
Introduce Business Opportunities for Australian Superannuation and Private Funds:
Understand the needs and interests of Australian superannuation and private funds and explore potential investment avenues in Indonesia.
Highlight Business Opportunities for Indonesian Nationals Reside in Australia:
Focus on hospitality and digital technology sectors.
Facilitate Deeper Discussions:
Enable one-on-one meetings between interested parties to foster in-depth discussions and potential collaborations.
Create a Networking Platform:
Provide a space for relevant stakeholders to connect, share insights, and build partnerships
Dedicate a Special Session on Business Opportunities for Indonesian Nationals in Australia:
Dedicated session to discuss potential business ventures and collaborations involving Indonesian nationals in Australia.
Support and Organisation:
This Business Forum is organized by the Consulate General of the Republic of Indonesia in Melbourne, the Indonesia Investment Promotion Centre (IIPC) in Sydney, and Festival Indonesia Inc., with support from the Embassy of the Republic of Indonesia in Canberra.
This business forum is part of the Festival Indonesia, a series of activities co-organized by the Consulate General and Festival Indonesia Inc., aimed at promoting Indonesian investment, trade, and tourism in Australia. In addition to the business forum, the Indonesian Festival will feature several other events, including Happening Art - Eastern Indonesia, Indonesian Night on October 4th, the Outdoor Festival of Indonesian Multiculturalism on October 6th, and FI Goes to School from October 7th to 12th.
Expected Outcomes:
Increased Awareness - Raise awareness about the business and investment opportunities in Indonesia, particularly in the digital technology industry, hospitality, and superannuation sectors.
Strengthened Partnerships - Foster stronger bilateral partnerships through networking and one-on-one meetings.
Actionable Insights - Provide actionable insights and avenues for participants to explore and invest in the highlighted sectors.
Regional Development - Promote economic development in Eastern Indonesia and the New Capital.
Engagement of Indonesian Nationals in Australia - Harness the potential of Indonesian nationals in Australia to contribute to the economic and bilateral relations between Indonesia and Australia.
