TY - JOUR
T1 - Chinese Foreign Direct Investment in Indonesia
T2 - Trends, Drivers and Impacts
AU - Gammeltoft, Peter
AU - Tarmidi , Lepi T.
PY - 2013
Y1 - 2013
N2 - In Indonesia, no systematic study of Chinese FDI has been undertaken to date. This paper contributes to filling this research gap and analyses the current composition as well as the historical evolution of Chinese FDI in Indonesia, relying on a survey conducted in 2008 among Chinese invested enterprises supplemented with key informant interviews, available official statistics and secondary data. Considering the evolution of Chinese investments in Indonesia over time, investments have evolved from being individual and isolated projects to acquiring more systemic properties. Chinese companies have acquired a broader sectoral presence in Indonesia and Chinese invested companies in, e.g., extractive or manufacturing activities can increasingly rely on complementary Chinese investments in logistics, travel, finance, etc. Where the local development effects are concerned, a picture emerges where Chinese investments, at this early period of their internationalisation, are likely to give rise to a more modest extent of positive spillovers than investors from more economically advanced countries.
AB - In Indonesia, no systematic study of Chinese FDI has been undertaken to date. This paper contributes to filling this research gap and analyses the current composition as well as the historical evolution of Chinese FDI in Indonesia, relying on a survey conducted in 2008 among Chinese invested enterprises supplemented with key informant interviews, available official statistics and secondary data. Considering the evolution of Chinese investments in Indonesia over time, investments have evolved from being individual and isolated projects to acquiring more systemic properties. Chinese companies have acquired a broader sectoral presence in Indonesia and Chinese invested companies in, e.g., extractive or manufacturing activities can increasingly rely on complementary Chinese investments in logistics, travel, finance, etc. Where the local development effects are concerned, a picture emerges where Chinese investments, at this early period of their internationalisation, are likely to give rise to a more modest extent of positive spillovers than investors from more economically advanced countries.
KW - Outward FDI
KW - Foreign Direct Investment
KW - Emerging multinationals
KW - OFDI
KW - MNCs
KW - Multinational corporations
KW - Economic development
KW - Technology transfer
KW - Chinese FDI
KW - China
KW - Indonesia
KW - internationalisation
KW - Spillovers
M3 - Journal article
VL - 6
SP - 136
EP - 160
JO - International Journal of Technological Learning, Innovation and Development
JF - International Journal of Technological Learning, Innovation and Development
SN - 1753-1942
IS - 1-2
ER -