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Investor Presentaiton

Investment Landscape Sustainable tourism and infrastructure present long-term opportunities • With a contribution of almost 6% to national GDP and around 320m annual visitors prior to the pandemic, Indonesia's tourism industry will remain an important target of investment An upward trend in sustainable tourism prior to the pandemic signalled long-term opportunity Sustainability-driven tourism expansion will translate into higher borrowing capacity and taxation inflows, which can be re-invested to support long-term development of the sector and local communities Domestic and international visits experienced robust growth in 2015-18 Infrastructure will remain a key regional development priority: Master Plan on ASEAN Connectivity 2025 focuses on mobility of people, and efficient logistics and trade routes. Related sectors are important for economic activity; with the Indonesian public sector historically providing half of transport infrastructure funding, transport and telecoms accounted for over one-third of infrastructure-related foreign direct investment (FDI) in 2020. Infrastructure-related sectors contribute 27.4% to GDP in 2020 350 300 250 200 150 100 50 0 2015 2016 2017 319.2m 20 15 Construction 10 Transportation, storage & telecoms 5 Mining Domestic trips (m) Electricity & gas 0 2018 International visitors (m) Other activities Public funds accounted for half of Indonesia's transport infrastructure funding in 2015-19* 10.7% Public Private 19% 9% State-owned 6.4% enterprises 72.7% 31% *according to the second edition of PwC's annual Indonesian infrastructure report 50% Sustainable tourism* Income 2016 $13.6m +59% Since 2011 Total investment, 2015 $11.7m +354% Since 2005 *tourism related to sustainability standards as defined by the Ministry of Tourism Sustainable tourism considers current and future economic, social and environmental impacts Aims Optimal use of environmental resources Respect for socio-cultural authenticity of host communities Viable, long-term economic operation PwC OBG ESG Report OXFORD BUSINESS GROUP Utilities, transport and telecoms accounted for the majority of infrastructure-related FDI in 2019-20 2019 Indonesia has commitment to sustainable tourism development 2020 Law No. 10/2009 on Tourism 0 500 1000 1500 Sustainability must embrace natural, social, economic and cultural ecosystems 2000 $ M 2500 3000 3500 Long-Term National Development Plan (RPJPN) 2005-25 Includes provisions to develop tourism alongside environmental protection Mining Construction Electricity, gas & water supply Transportation, storage & telecoms Indonesia's funding needs for 2020-24 were estimated at Rp6.4trn by Ministry of National Development Planning (BAPPENAS) in 2019. Enhanced transportation and logistics, in line with ASEAN's agenda, will lower costs, improve reliability and access, and potentially enable digital solutions to maximise productivity. Sources: ASEAN; MOT; OECD; Statista; UN WTO; UN SDG; WEF 221 21
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