Each province in Indonesia has its own prospects that can attract foreign investors to do businesses. However, two most favorite destinations that foreign companies are familiar with only Jakarta and Bali, whereas in the reality, other major Indonesian cities also have hidden jewels that can be your next gold mines. In this presentation, we will discuss 8 most investment-friendly cities in Indonesia, other than Jakarta and Bali. Cekindo will help you to create the most appropriate investment in Indonesia for you. Visit www.cekindo.com.

1. 8 Most Potential Cities
Foreigners Can Invest in Indonesia Other Than Jakarta and Bali
Jakarta, August 2016

2. The Potential of Indonesia
Indonesia is a unique country with countless of resources
and diversities that make this country is rich with various
business potentials.
Each province in Indonesia has its own prospects that can
attract foreign investors to do businesses. However, two
most favorite destinations that foreign companies are
familiar with only Jakarta and Bali, whereas in the reality,
other major Indonesian cities also have hidden jewels that
can be your next gold mines. In this presentation, we will
discuss 8 most investment-friendly cities in Indonesia, other
than Jakarta and Bali.
2

3. 1. Surabaya, East Java
3
Surabaya is one of Indonesian cities with
the highest property growth. Even, this
city is the in the top five cities in Asia to
invest in the property sectors.
One of the reasons is because this city is
a business gate for companies that want
to invest in the eastern region of
Indonesian provinces. Apart from that,
Surabaya is also lucrative for its
industrial and trading sectors.Pic source: picodio.com
One great advantage of investing in this metropolitan is because of the
relatively lower cost of resources and living expenses compare to the great
capital of Jakarta. This condition will reduce the initial cost to start and run a
new foreign company.
Sources: propertidata, disperindag-Jatim, antarajatim

4. 2. Pekanbaru, Sumatra
4
Pic source: entrancenews.com
Currently, Pekanbaru is the host of several mega-foreign companies in
petroleum, oil, pulp, wood-sawmill, rubber-processing, as well as CPOs
industries. Also, as one of the major tourism gates – especially tourists from
Southeast Asian and other Asian countries, it also a perfect place for tourism
industries. Shopping centers and properties are other strengths that this city
has that invite many new PMAs to invest
Pekanbaru is appointed to be
one of the best cities for
investment in Indonesia for 3
years in a row (2014, 2015, and
2016). This is the 9th largest
cities in Indonesia with the
highest money and banking
rotation in Indonesia.
Sources: pekanbaru.go.id, seputarnkri, rimanews, bpmd Riau

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3. Bandung, West Java
Pic source: www.we-gov.org
Sources: bandungbisnis, galamedianews, jabarprov
Moreover, in 2015, the foreign
direct investment in the West Java
Province hit the amount of 77
trillion rupiahs – exceeding the
amount of FDI in Jakarta, which
was only 64 trillion – and this
number continues to grow,
especially in its several big cities,
like Bandung (Bandung
contributed 9.4 trillion rupiah for
its FDI in 2015).
Creative industry is mushrooming in this capital city of West Java
Province. More interestingly, there are many startup companies
showing how open the people and the government are for new ideas.

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4. Yogyakarta
Pic source: ukdw.ac.id
Sources: appejawa, jogjakota, quaresgroup
Food and beverage, retail, automotive, textile, pottery, handicraft, furniture,
fashion, jewelry (especially silver), and leather are some popular industries in
Yogyakarta. Its fertile soil is also perfect for agricultural and agribusiness sectors.
Transportation and machinery industries are other potential fields in this city.
In terms of investment,
tourism Industry is the biggest
magnet of this city. Property is
another field that attracts
investors because the land is
vast with beautiful sceneries
and perfect atmosphere to
live, study, and do business.

7. 7
5. Makassar, South Sulawesi
Pic source: getlostmagz.com
Sources: pojoksatu, kompasiana, rakyatku, universitasbosowa, makassarterkini, liputan6
The economic growth is very high in
Makassar, exceeding major areas in
Indonesia. The purchasing power
remains high, the income per capita
increases, and the businesses survive –
some even develop very well.
Makassar – in the leadership of the
current Mayor – has issued a policy
to invite foreign investors in some
of its mega projects, including
transportation, energy, maritime,
fishery, trading, tourism, health
care services, property, and
infrastructures (check out the latest
negative investment list). Especially
for property, the chief of
Indonesian Real Estate (REI), said
that this year, the prospect of real
estate development in Makassar is
positive due to the high economic
development in Sulawesi.

8. 8
6. Medan, North Sumatra
Pic source: www.semedan.com
Sources: medanbisnis, mpi-update, kemenperin
In general, Medan is in the top 10 of best cities for property investment in
Indonesia 2016. It is because of its vast area—the 4th largest cities in
Indonesia after Jakarta, Surabaya, and Bandung and the 1st largest city
outside Java—and excellent economic development.
Medan is also one of the
busiest cities in Indonesia, with
its main seaport that
contributes to one-fifth of the
total containerized export in
Indonesia. It shows that trading
is another strength that this city
offers.

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7. Samarinda, East
Borneo/Kalimantan
Pic source: cityofsamarinda.blogspot.com
Sources: prokal, kadin, kaltimprov
Borneo or Kalimantan has become a target for Foreign Direct
Investments because there are 3 provinces that are appointed as the
10 most targeted provinces (out of 33) for FDI in Indonesia. One of the
best destination is Samarinda, the capital city of East Borneo Province.
In 2015, the total total
investment in this city was 7.1
trillion rupiahs. Property sectors
contributes to 20% of the
number. Other interesting sectors
include trading, mining, oil, and
retail industries.

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8. Semarang, Central Java
Pic source: indonesiaexplorer.net
Sources: okezone, cnnindonesia
Moreover, Semarang is the 5 biggest
cities in Indonesia with dense
population. Also, it is close to several
industrial cities, but relatively with
better infrastructures, facilities, and
entertainment.
The development of industrial
areas in Semarang as well as the
growth of retail and trading
sectors make Semarang a perfect
destination of investment.
Because of its demographic,
many companies are labor
intensive companies, such as
apparel, machinery, textile, etc.

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Our Vision
To be leading consulting firm of business services
to clients expanding and operating in Indonesia.
Our Mission
To provide full-range of market-entry and
corporate services to enable our clients to focus
on their core business and activities in Indonesia
and beyond.
PT. Cekindo Bisnis Grup is a
leading consulting firm of
Market-Entry and Corporate
secretarial services to clients
expanding and operating in
Indonesia and further to
Southeast Asia.
Our Values
Client-focused
Excellence performance
Knowledgable locally
Integrity moral
Normative operations standards
Delivered on-time
One stop services provider
Company Profile

12. 12
Our main services:
Business Set
Up
Business
Process
Outsourcing
Local
Representation
 Company
Registration
 License & Product
Registration
 Market Research
& Analysis
 Local Partner
Selection
 Trade Mission
 Land & Property
Ownership
 Recruitment & HR
Establishment
 Payroll
Management
 Accounting & Tax
Reporting
 Visa & Work
Permit
 Mystery Shopping
 Local Distributor
& Partner
 Buying Agent
 Office Space
Cekindo Services

13. 13
Senior Advisor
Prof. Dr. Rahardi Ramelan
Relevant Experience
Mr. Ramelan is currently Senior Advisor at PT Cekindo Bisnis Grup. Hi is a Research Professor at the Agency for the
Assessment and Application of Technology. The honorary degree of Doctor Honoris Causa from Monash
University, Australia and Northeastern University Boston.
 Minister of State for Research and Technology of the Republic of
Indonesia and Chairman of the Agency for Assessment and Application of
Technology (BPPT) in the Seventh Development Cabinet of the Republic
of Indonesia.
 Minister of Industry and Trade in the Development Reforms Cabinet of
the Republic of Indonesia and Chairman of National Logistic Agency.
 Deputy Chairman for Industrial Analysis and Vice Chairman of the
National Development Planning Agency of the Republic of Indonesia
 Several management positions and responsibilities related to Indonesian
Aviation industry, the Weapon industry.
Prof. Dr. Rahardi Ramelan
Profile Overview

14. 14
Principal Consultant
Michal Wasserbauer
Michal is currently Principal Consultant at PT Cekindo Bisnis Grup. He has more than 5 year‘s experience in the
Corporate Market research, Strategy and Evaluation Expansions, Business Consultancy, and Preparation of
Business Feasibility Studies. He has worked for various industries, namely Grocery and Marchandise Retail,
Energy, Medical Device, Heavy and Automation Industries.
+6281282300584 |  michal.wasserbauer@cekindo.com
Michal Wasserbauer
 Market opportunities valuation
 Investment analysis
 Performance management
 Feasibility studies
 Strategy planning
 Stakeholder management
 Marketing consultancy
Profile Overview
Relevant Experience
Relevant Skills
 Multinational grocery and general merchandise retailer: Capital
Investment Appraisals
 World‘s largest student and recent graduates-run organisation:
Financial Controller
 International consultation company: Market Expansion Consultant

15. 15
Principal Consultant
Nurmia Agustina
Nurmia is currently Principal Consultant at PT Cekindo Bisnis Grup. She has wide experience in the areas of Business
Development, Legal Corporate Restrictions, Business Consulting, Project Management, Market Development &
Entry Strategy, Sales & Distribution, Management Strategy, Recruitment, Visa & Work Permit, and Change
Management. She has worked for various industries, namely Energy & Resources, Telecommunication, Retail,
Pharmaceutical & Medical, Financing, Non-Profit, IT and Heavy Industries.
+628119691987 | nurmia.agustina@cekindo.com
 International Management company: Management & Legal
consultant
 Chamber of Commercial: Head of Business Processing Section
Nurmia Dwi Agustina
 Corporate law
 Outsourcing processes
 Company formation
 Acquisitions
 Project Management
 Competitive Analysis
 Business Planning
 Risk Management
 Talent Management Strategy
 Recruitment
 Visa & Work Permit
 Change Management
Relevant Experience
Relevant Skills
Profile Overview

16. 16
Selected Clients

17. PT. Cekindo Bisnis Grup
Grand Slipi Tower 9th floor
Jl. Letjend. S. Parman Kav 22-24
Jakarta - 11480
Indonesia
 info@cekindo.com
 +6221 80660999