Indonesia, officially the Republic of Indonesia, is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 17,508 islands. The nation’s capital city is Jakarta. Indonesia is a founding member of ASEAN and a member of the G-20 major economies. The Indonesian economy is the world’s sixteenth largest by nominal GDP and fifteenth largest by purchasing power parity.
The current population of Indonesia is 26,33,26,268 based on the latest United Nations estimates. Indonesia population is equivalent to 3.51% of the total world population. 54.7 % of the population is urban (144,200,189 people in 2017). The median age in Indonesia is 28.6 years. Indonesia is the world’s most populous Muslim-majority nation; almost 87.18% of Indonesians declared themselves Muslim in the 2010 census.
The connectivity of Indonesia is poor because of which there is high cost economy and prevents Indonesia from achieving a better economic performance. The Connectivity in Indonesia focus on hard infrastructure issue and neglect soft infrastructure issues including regulations and coordination. Proper maintenance is another issue that follows after construction is completed. Maintenance of road networks is currently in a deplorable condition.
The three top companies of Indonesia are evidence of the country’s robust domestic consumption. Indonesia is characterized by a rapidly expanding middle class and consumptive behavior is increasing accordingly. Companies that are able to tap this growing middle class segment through good corporate management and by having a good distribution network are in a lucrative position.
Financial institutions, which had been expanding significantly in recent years, have lost some momentum this year as Indonesia has been hit by financial turmoil after the Federal Reserve announced to reduce or stop its quantitative easing program. In combination with high inflation and a current account deficit it has resulted in an outflow of foreign capital, impacting negatively on Indonesia’s currency and stock indices.
Growth Pan of Indonesia and its factors
The Master plan for Acceleration and Expansion of Indonesia’s Economic Development (abbreviated MP3EI) is an ambitious plan by the Indonesian government to accelerate the realization of becoming a developed country of which the fruits and prosperity will be enjoyed equally among the people. By utilizing the MP3EI, Indonesia aims to earn its place as one of the world’s developed countries by 2025 with expected per capita income of USD $14,250-$15,500 and total gross domestic product of USD $4.0-$4.5 trillion.
The vision for 2025 will be achieved by focusing on three main goals:
• Increase value-adding and expanding the value chain for industrial production processes, and increase the efficiency of the distribution network. In addition, to increase the capability of the industry to access and utilize both natural and human resources. These increases can be attained by the creation of economic activities within regions as well as among regional centers of economic growth.
• Encourage efficiency in production and improve marketing efforts to further integrate domestic markets in order to push for competitiveness and strengthen the national economy.
• Push for strengthening of the national innovation system in the areas of production process and marketing with a focus on the overall strengthening of sustainable global competitiveness towards an innovation-driven economy.
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Stronger growth in private hospitals to serve healthcare needs
According to data from the Ministry of Health, there are a total of 2,457 hospitals in Indonesia currently. The increase in private hospitals; both profit and non-profit; (19.1% CAGR in the past three years) has grown faster and now outnumber the number of public hospitals with 61% market share.
Healthcare provider in Indonesia
Major Chain of Hospitals in the country –
Mitra Keluarga has successfully built hospital network that is trusted by Indonesian family today Mitra Keluarga Group currently have 12 branches spread across several strategic areas in big cities Indonesia, which are WestÂ Bekasi, Kemayoran, Surabaya, Kelapa Gading, East Bekasi, Depok, Tegal,Â Waru, Cikarang, Cibubur, Kenjeran, dan Kalideres.
Siloam Hospitals Group (Siloam) is Indonesia’s most progressive and innovative healthcare provider that has set the benchmark for high quality Healthcare Services Provider in Indonesia. Siloam’s medical team of 400 general practitioners, 1,500 specialised doctors, 7,200 nurses, allied health, technicians, and support staff, offers contemporary healthcare to nearly two million patients annually.
Bali International Medical Center Hospital
BIMC Hospitals provides a multitude of comprehensive services performed by a specially trained medical team in two facilities located in Kuta and Nusa Dua. The hospital continually updates its facilities and staff qualification process to meet both international and Indonesian standards
Major Private Hospitals of Indonesia are as follows:
1. Ruma sakit Mitra Keluarga Multi-Specialty Hospital
2. Siloam Hospital Group
3. Ruma Sakit Dr Oen Surakarta
4. Bali International Medical Centre Hospital
5. Ruma Sakit Bunda Jakarta Hospital
Top Diagnostic centers in Indonesia
1. Gleneagles Diagnostic Centers
2. Niki Diagnostic Centers
3. P.T Siemitsu Diagnostics
Drain area –
Jakarta: – Capital city with many small Nursing homes to big corporate hospitals surrounded and the most populous city of Indonesia, the population is 10,012,271 an it is known as the Alpha Global city
Surabaya:– Another City with the population of 2,843,144
Bandung:– Another drain area with the population of 2,575,478
What to Expect from Indonesia’s Healthcare?
• If you are expecting five-star service in a Healthcare Facility in Indonesia, you may be disappointed. Although medical facilities — especially private clinics — usually have up-to-date standards, most expats prefer to jet off to Singapore in the event of a more serious operation or procedure.
• Hospitals in Jakarta are of a very good standard, however, they are in high demand and thus often overcrowded. In order to quickly get treatment for a smaller medical emergency or simply a general check-up, it is advisable to visit a private clinic. There are several of these in Jakarta and their medical staff is highly qualified. Allianz Worldwide Care offers a list of hospitals and medical facilities located in Jakarta’s various municipalities.
• Even though the government has recently introduced a universal healthcare scheme — with the aim of making basic healthcare available to everyone — it is not possible to say that it works perfectly yet. Therefore, it is recommended to invest in a comprehensive international health insurance plan. Please remember that if you plan on living in Jakarta with your family, you should get them insured as well.