Young Ko’s Post

View profile for Young Ko, graphic

Research Professor & CEO of ASIA Biz Lab

My article (Kor & Eng) is released: "South Korea’s Strategy for Indonesia: Building a Sustainable, Future-Oriented Partnership" for East Asia Forum. The summary and the link of the full article are below: With the country boasting stable annual economic growth of around 5 percent, large deposits of critical minerals such as nickel, and a considerable domestic market with the world’s fourth largest population, Indonesia has become a country that South Korean and global companies are actively entering. Infrastructure development, improvements in the business/investment environment, and changes in the raw material supply chain are cited as major factors in the increase in foreign direct investment in the country. However, regulations and policy uncertainty in the mining sector, along with strengthened regulations from the US and the EU, are obstacles to Indonesia’s rise as a global supply-chain hub and are likely to pose risks to business activities. Because these risks are difficult for individual companies to overcome or respond to, the South Korean government needs a future-oriented roadmap for mutual growth and to establish a foundation to minimize policy and regulatory risks. Companies need to avoid various regulations while achieving economies of scale, which requires approaching the issue from a global portfolio perspective and pursuing a regional value-chain strategy centered on Indonesia. https://lnkd.in/g5h34tcU

keaf.org

T.J (Taejun) Eom

Cross border M&A | Company Builder | Private investment

5mo

Thanks

Like
Reply

To view or add a comment, sign in

Explore topics