Same fundamentals, better investment story
Indonesia has emerged as a priority destination for private equity managers in recent years. It is not difficult to understand the attraction. The country with a population of 250 million was unscathed by the recent financial crisis and boasts rising incomes, high urbanization levels and strong economic growth. It is an appealing investment alternative to the increasingly crowded Indian and Chinese markets.
For some, there is a bit of déjà vu about the developments in Indonesia. Private equity firms and other foreign investors were once active in acquiring local assets. Indeed, prior to the Asian financial...
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