Growing Indonesia’s presence and role in future Global Value Chains

Speakers:

• Siswo Pramono, Director General for Policy Analysis and Development Agency, Ministry of Foreign Affairs (Economy Diplomacy
• Andree Surianta, Associate Researcher, Center for Indonesian Policy Studies (Regulatory barriers to FDI in pharmaceutical manufacturing in Indonesia - a case study) - Download
• Ashley Vines, University of Melbourne (Indonesian investment in Northern Australian agriculture) - Download

Video: Watch here

The spread of COVID-19 pandemic has brought significant changes to the future of global trade and investment as the need to restrict interpersonal interactions has undermined the interconnectedness that forms the basis Global Value Chains (GVC).

In this challenging situation, multinational enterprises (MNEs) are under increasing pressure to restructure and diversify their supply chains to ensure survival. To diversify, many MNEs are looking to Southeast Asia.

However, According to the World Bank report, for the last two years, Indonesia was largely bypassed when foreign companies were looking for other locations. As discussions on GVC restructuring picks up pace, and Southeast Asian countries seek to benefit, how can we ensure Indonesia does not miss out again on these opportunities?