Magnum Estate, Indonesia’s leading premium property developer, participated in a series of economic forums involving business and industrial leaders from key European nations and representatives from Indonesia. The Indonesian embassies in Belgium, Italy, and France organise the forums. These business meetings have presented Indonesia as a new global economic development hub with vast business, investment, and industrial growth potential. Representatives from Magnum Estate and other major Indonesian companies and state institutions showcased to European investors and entrepreneurs the opportunities offered by Indonesia’s rapidly growing economy.
Business Forum Indonesia France in MEDEF organised by Embassy of Indonesia in Paris
The forums have discussed Indonesia’s ambitious plans, including:
- Propelling the country into the top five global economies by 2045
- Investment and development opportunities in unique locations are still available for government and developers
- Construction of new production facilities and creation of jobs for European countries in the Asian region
- Investments in building the new capital, Nusantara, on the island of Kalimantan
- Development and expansion of the Special Economic Zone – PT Kawasan Industri Terpadu Batang (KITB)
Suryo Tutuko, executive representative of PT Kawasan Industri Terpadu Batang (KITB) for Europe and the USA, works closely with Magnum Estate. Together, they present KITB’s investment opportunities at international economic forums. Magnum Estate aims to expand its operations by becoming a KIT Batang industrial park sub-developer. This partnership allows the company to continue developing luxury resorts and attract industrial investors to Indonesia, creating new opportunities for international business.
The forums featured representatives from government entities in the energy, infrastructure, port construction, and hospitality and tourism sectors. Key ministries, such as the Ministry of Investment, the Central Bank, the Ministry of Justice, and the Immigration Office, also took part in the event.
Philippe Louis Dreyfus O.B.E Chairman and Andrejs Senkovs Co Partner of Magnum Estate (Bali) Business Development in international Markets
These institutions provided insights into improving investment processes, including the issuance of visas for stays or work in Indonesia. As Bali’s leading premium property developer, Magnum Estate showcased its experience delivering large-scale projects and discussed investment prospects in Indonesia’s real estate sector. The company also shared its vision for developing Indonesia’s tourism and construction industries.
Magnum Estate is actively engaged in promoting Indonesia on the international stage. It participated in the 2024 World Economic Forum in Davos, represented Indonesia at the 2024 MIPIM press conference in Cannes, played a prominent role at the AIM and IPS economic and investment forums in the UAE, and was the exclusive speaker at the business forum organised by the Indonesian Embassy in Nice. Magnum Estate develops luxury properties in Bali, undertakes projects in Jakarta, and plans to expand across Asia, opening up vast investor opportunities. Amid the complex economic landscape in Europe, the company helps identify new investment areas in a rapidly growing Asian region, offering unique land, innovative ideas, and creative projects.
Dr Robert Leonard Marbun – Special Advisor for Institutional Relations to the Minister for Investment of
the Republic of Indonesia
Mr Andrejs Senkovs – CoPartner of Magnum Estate, Indonesian luxury Development Company
A representative from Magnum Estate stated, “We are proud to represent Indonesia on the international stage and contribute to the achievement of the ‘Golden Indonesia 2045’ vision. Our participation in these forums represents an important step towards strengthening economic ties between Indonesia and Europe and an opportunity to showcase our country’s enormous investment potential to the world.”
From left to right:
1. Mr. David Doninotti – AICE Italian Association of Foreign Trade
2. Mr. Riccardo Federico Rocca – CCISEA Italian Chamber of Comerce Southeast Asia
3. Mr. Suryo Tutuko – Executive Representative, Special Economic Zone Batang
4. Mr. Eko Himawan – Charge D’affairs of Embassy of Indonesia
5. Ms. Dyah Ermawati – Government Representative from East Java Province
6. Mr Andrejs Senkovs – CoPartner of Magnum Estate
7. Mr. Ilham Maulana – PT Lima Muda Nusantara
8. Ms. Erma Rheindrayani – Counsellor Embassy of Indonesia in Rome
9. Mr. Edwinal Rahadian – 3rd Secretary Embassy of Indonesia in Rome
Ambassador of Indonesia in Paris Mr Mohamad Oemar and Andrejs Senkovs Co Partner of Magnum Estate (Bali) Business Development in international Markets, meeting in Paris Embassy of Indonesia
The forums provided a unique platform for establishing business connections, exchanging experiences, and exploring new collaboration opportunities between Indonesian and European companies. See you in Paris, Brussels, and Milan!
Discover more @ https://magnumestate.pro
Article edited by Massimo Basile
Editor & Founder
By mb@admin
