New rules in Indonesia attracting more international investment and partnerships

Geopolitical stability, gradually rising living standards and the introduction of universal healthcare systems is fuelling investor interest across South East Asia – particularly for Indonesia, which is home to the largest and fastest growing market.

The recent rule changes to foreign ownership in Indonesia – increasing from 75% to 100% – have meant that international pharma companies are looking for both regional partners and acquisition targets for a local manufacturing base. This, in turn, has increased the capital access for manufacturers across the region as investors look to ‘get in early’ amongst the best facilities before a potential round of consolidation and an increased interest from multinational pharma companies.

These improving regional conditions are reflected at CPhI South East Asia (March 27-29, 2018) – which returns to the Jakarta International Expo (JIExpo) in Indonesia for its seventh edition – where there has been an increase in domestic, regional and multinational manufacturers attending. In total, 41 countries and over 5,000 attendees will be present, with 260 exhibitors coming from 22 countries and an increasingly diverse range of industries.