JAKARTA – A high-level business delegation from Australia has arrived in Jakarta for a four-day working visit aimed at strengthening economic ties and expanding investment opportunities in Indonesia. The mission, which began on Monday, February 10, 2025, is led by Jennifer Westacott AO, Australia’s Business Champion for Indonesia and Chancellor of Western Sydney University.
Strengthening Bilateral Economic Relations
The delegation consists of 39 senior representatives from 27 leading Australian companies and investment firms. Participants include asset managers, infrastructure specialists, and business leaders from key sectors such as healthcare, logistics, energy, mining, and resources.
“This investment mission comes at the right time for Australia and Indonesia to enhance our economic engagement, as we celebrated just last year 75 years of diplomatic relations, demonstrating the enduring nature of the relationship,” said Austrade CEO Dan Boyer.
Boyer highlighted that increasing two-way trade and investment between Australia and Southeast Asia presents a significant opportunity for both prosperity and economic resilience.
High-Level Meetings and Investment Opportunities
During their stay in Jakarta, the Australian business delegates will engage in high-level discussions with Indonesian government officials and key industry leaders. Their schedule includes business-matching meetings, panel discussions on key economic sectors, and participation in the Mandiri Investment Forum’s Macro Day.
This initiative marks the largest investment mission to the region since the establishment of the Southeast Asia Investment Deal Teams—an initiative recommended in the Invested: Australia’s Southeast Asia Economic Strategy to 2040 report, which was launched by Australian Prime Minister Anthony Albanese in Jakarta in 2023.
Expanding Australian Investment in Indonesia
Australia has strategically positioned Investment Deal Teams in Jakarta, Singapore, and Ho Chi Minh City, with additional representatives across ASEAN. These teams work closely with governments and businesses in the region to identify and facilitate outbound investment opportunities for Australian investors.
Furthermore, Australia ranks as the 10th largest source of Foreign Direct Investment (FDI) in Indonesia. Many Australian companies already operate in Indonesia, creating high-quality jobs, transferring technology, and upholding high environmental standards.
With increasing collaboration, Australia and Indonesia are set to unlock greater economic potential, ensuring sustainable growth and prosperity for both nations.