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Louisa Chiew · · 2 min read

Peek into the present and future of Indonesia’s tech economy with Thomas Lembong

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When someone mentions the strongest tech ecosystem in Asia, Indonesia might not be the first market that comes to mind.

It’s understandable why people still have their reservations. The archipelago faces various problems, including transportation difficulties, opaque regulations, slow internet speeds, and a shortage of talent, to name some.

Problems, however, always present opportunities – giving Indonesia immense room for growth. Further compounding its potential is its massive population. Indonesia ranks as the fifth most populous country globally, skewing towards the younger demographic with 42 percent of the population falling below 24 years old. Should scale be any indicator of success, this country looks like a convincing contender in vying for the title of the strongest Asian tech ecosystem in the next few years, if not now.

With so much room to explore and so many problems to solve, it’s no wonder Indonesia is witnessing a surge in the number of startups – and people are noticing. The nation has reached an all-time high funding both in frequency and amount, and is currently Southeast Asia’s most active investment market.

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If you already have your eyes set on the country, here’s your chance to take an even closer look at one of the most exciting markets to do business in right now. Join Thomas Lembong, Minister of Trade of the Republic of Indonesia as he outlines the future of the country’s economy at a time when its startup boom has begun to attract global attention.

Thomas Lembong previously served as the managing partner and CEO of Quvat Management, a private equity fund based in Singapore with investments in Indonesia, Singapore, and Malaysia. Prior to co-founding Quvat, Mr Lembong had extensive experience in the financial sector, having worked at Deutsche Bank and Morgan Stanley.

Even before he swapped his executive lifestyle to take up the position of Indonesia’s trade minister this year, Mr. Lembong played a role in advising key government officials on infrastructure financing. His experience in the private sector and access to national policies and plans as a government official will provide us with a unique perspective as to what we can expect from Indonesia in the next few years.

Whether you’re an investor, a startup looking to expand, or a job seeker considering joining the local tech scene – if Indonesia is in the pipeline for you, this is definitely a session you’ll want to tune in to.

Get your passes today

Thomas Lembong will be joining us on the Main Stage in a special fireside chat on day 2 of our Tech in Asia Jakarta 2015 conference, happening November 11 and 12.

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In addition to hearing from the industry’s most experienced speakers, connect with Asia’s tech ecosystem on a deeper level than ever before with plenty of networking opportunities available across both days.

If you’ve yet to get your golden tickets to Indonesia’s ultimate tech conference, do so today to save 15 percent off all passes (promo code: tiajkt15).

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Editing by Michael Tegos

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Community Writer

Louisa Chiew

Hello! Louisa is a product manager at Tech in Asia. She like the outdoors, productivity apps, and random pieces of trivia. Not so much describing herself in third person.