Korean Investment in Indonesia: Survey and Appraisal

This article offers the first systematic survey of Korean direct investment in Indonesia as it has developed during the past three decades. The survey includes a chronology and an overview based on macro level statistics. An assessment of the potential contribution of Korean direct investment to the Indonesian economy draws on both a corporate profile embracing a large number of companies and evidence from a small sample of selected individual firms. The article stresses a fundamental diversity in Korean investment in Indonesia that translates as potential benefits in terms of both new employment creation and technology transfers.