Indonesia - A developing country on the verge of a great leap?
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Because Indonesia hardly ever shows up in our media outlets, it might be easy to forget that it’s the fourth largest country by population on Earth. After the Asian financial crisis of the 1990’s, the archipelago did recover, but nowhere near as strongly as China or India.
Because of this, the island nation was named by Goldman Sachs expert, Jim O’Neill, as one of the “Next Eleven,” a group of growing and developing economies on the way to the top. The commodity sector is particularly interesting to investors, as it accounts for a large part of Indonesia’s exports.
Understandably, the demand for professional translators is growing to take care of business-related documents that are to be read by Indonesian business partners. If you’d like to successfully get your foot in the door in Indonesia, our experienced project managers are available to help you with native-speaking translators who know the language inside and out.
The dominance of agriculture and the strong mining sector
This former Dutch colony is still known to be an agriculturally strong country. Its major crops are rice, the basic staple of the diet, sweet potatoes, and tapioca. Other regions grow different types of crops as well. Production is not always geared toward the market. Self-sufficiency farming is widely practiced as well.
In addition, there are the mining and commodities sectors, which may employ a smaller number of people than agriculture, but are more lucrative. One example of this is the region of West Papua, which holds the world’s largest gold mine. Other natural resources in Indonesia include copper and natural gas.
In the past, these raw materials alone managed to attract international investors. Unfortunately, just like in the agricultural sectors, environmental problems continue to arise due to deforestation of the rainforest or pollution of the soil, a result of the mines’ poor environmental standards.
Tourism dominates the service sector, particularly in important centers like Java and Bali. Indonesia is a popular destination for Australian travelers and Chinese vacationers.
The country still has a long way to go before it achieves a modern, industrialized economic system. The same is true for its poor infrastructure. With all of its natural wealth, investing in this island nation could be worthwhile.
Babylonian linguistic diversity
More than 300 different groups of people live within the country of Indonesia, which inherently provides for a great variety of languages. The majority of these languages have defined regional boundaries. Serving as a means of communication between these different groups of people, the Indonesian language shares great similarities with Malay, with which it forms the Malaysian languages.
Although the majority of the population speaks Indonesian as a second or third language, almost two-thirds of Indonesians master this language.
International negotiations are conducted mostly in English, but it’s still sometimes necessary to translate contracts and documents into Indonesian, which, because of its great differences from English, is no simple undertaking.
We have qualified personnel, even for exotic languages such as Indonesian. If you’re interested in businesses in the fourth largest country in the world, contact us. With customized translation solutions, we can help you achieve success.
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