Private Equity Happy Hour Will Bring Together Indonesian Executives and Professionals for an Evening of Networking and Cocktails in New York City, July 17, 6PM-9PM
(June 18, 2012, New York) As reported in IBTimes, Now that Fitch and Moody have upgraded Indonesia’s credit rating to an investment grade economy, the future is looking up for economic growth for Southeast Asia’s largest economy.
With a credit rating now matching India’s, Indonesia’s poor infrastructure, overloaded roads, government corruption and bureaucracy were among the problems Fitch and other economists pointed out as problems needing work. However, if Indonesia fixes the roads by investing in infrastructure, it may not be able to maintain the debt-to-gross domestic product ratio that led to Moody’s decision to upgrade their credit rating in the first place.
For this reason, attracting investors to build new infrastructure is one of the government’s top priorities. Recently, Indonesia passed a bill to speed up land acquisition and give a tax break to investors helping build roads, bridges and ports or invest in base metals and petrochemicals.
The credit upgrades will also decrease the country’s borrowing costs to build at a time when more developed economies have been downgraded because of their countries’ debt. Indonesia has steadily reduced its debt in the past decade to around 25 per cent of gross domestic product (GDP).
Golden Networking’s (http://www.goldennetworking.net/) Private Equity Happy Hour New York City (http://www.PEHappyHour.com), Tuesday July 17, will bring Edgar Perez, the distinguished expert who wrote the high-frequency trading global bestseller The Speed Traders, and author of the upcoming Beyond China and India: The Remarkable Indonesia Story, to help us Discover Indonesia, the World’ Sexiest Destination for Private Equity. Mr. Perez just returned from Indonesia after interviewing investors, businessmen, government officials and academics. He brings the fresh insights from the country of the 17,500 islands that no emerging markets’ investor, analyst or practitioner can’t afford to miss.
Private Equity Happy Hour receptions are great opportunities for them to speak with unprecedented candidness about their trade, both opportunities and challenges. Former attendees to Private Equity Happy Hour have included senior executives from firms such as AnEx Global Partners, LLC , ARCAP PArtners LLC, Blue Ox Capital, Deloitte Financial Advisory Services, Deutsche Bank, Fisher Enterprises, Hain Capital, Jameson Capital, KC Partners, LLC, Marc Bell Capital Partners, McKinsey & Co., Midsummer Capital, Morgan Stanley, Natixis, Perseus Telecom, RJW Capital Management, Seaport Capital, SteelRiver Infrastructure Partners, Terranova Capital, Ltd., and Veronis Ventures, among others.
Golden Networking (http://www.goldennetworking.net/) receptions have been known to attract executives and professionals not only from financial services but also from all areas of business; Private Equity Happy Hour won’t be the exception, as the country has been named the most attractive emerging markets destination in the world.
Golden Networking is the premier networking community for business executives, entrepreneurs and investors. Panelists, speakers and sponsors are invited to contact Golden Networking by sending an email to firstname.lastname@example.org.