Dutch investment in Indonesia totaled about USD 1.98 billion across 5,706 reported projects in 2024. The Dutch Embassy’s May 2026 booklet identifies food and water among its priorities for further cooperation.
Key Takeaways
- The Dutch Embassy, citing Indonesian investment ministry data, places the Netherlands eighth among investment sources in 2024, with approximately USD 1.98 billion.
- The 5,706 reported projects measure project activity, not a count of unique Dutch companies, new factories, or available contracts.
- Documented business leads include food production, horticulture, water engineering, infrastructure, and specialist services. Their commercial readiness differs.
- Dutch entrants should check the buyer, contracting entity, location, foreign ownership conditions, and licensing scope before funding an Indonesian operation.
What the Netherlands Investment Figures Measure
The Dutch Embassy’s Presenting Dutch Trade and Investment in Indonesia, version May 2026, reports the following 2024 figures using Indonesian Ministry of Investment and Downstream Industry data.
| Measure | 2024 Figure | How to Use It |
|---|---|---|
| Investment value | USD 1,977.1 million, approximately USD 1.98 billion | Assess the scale of reported Netherlands-source investment. |
| Reported projects | 5,706 | Understand project activity without treating it as a company census. |
| Country ranking | Eighth overall; largest European source in the booklet’s comparison | Compare investment value within the same reporting year. |
The booklet’s publication date is 2026, but these figures describe 2024. They should not be presented as 2026 investment realization or combined with announced financing to create a larger total.
The embassy describes decades of Dutch business activity in Indonesia. New entrants should use relevant contacts to test customers and partners.
Sectors With Documented Dutch Business Activity
Food, water, infrastructure, and specialist services provide concrete starting points for research. The evidence includes operating-company disclosures, development programs, and financing announcements, each with a different implication for a prospective entrant.
Food Production and Agricultural Technology
SeedNL describes a January 2026 to June 2027 program with Wageningen Social and Economic Research, funded through the Netherlands Enterprise Agency. It covers a seed-sector roadmap and vegetable and potato variety testing.
The program plans trials in North Sumatra and Java. For an agricultural technology company, useful questions include crop suitability, trial partners, distribution responsibility, and the route from a successful test to commercial sales.
Food processing provides a separate entry angle. A supplier of production equipment or quality-control services should identify the plant’s technical requirements, maintenance arrangements, and purchasing process before establishing a local team.
Water Management and Coastal Engineering
Jakarta Investment Centre reported discussions with the Dutch Embassy on 24 July 2026 concerning coastal infrastructure, water, healthcare, and waste management. A meeting identifies cooperation themes, rather than an awarded contract.
Define your water service precisely: treatment equipment, design, monitoring, construction, or maintenance. Then establish who owns the asset, funds the work, and accepts the delivered result.
Infrastructure, Maritime Services, and Logistics
APG’s October 2024 announcement described investment through INA’s toll-road platform in the Medan-Binjai and Bakauheni-Terbanggi Besar sections. Institutional infrastructure investment is a different business model from running a freight or warehousing company.
A Dutch logistics SME should test a specific cargo route, customer, or operational problem. Port technology, scheduling tools, and specialist engineering are hypotheses to validate with operators, not demand proven by national investment totals.
Our guide to INA’s role in foreign direct investment explains the distinction between institutional co-investment and establishing an Indonesian operating company.
Renewable Energy and Circular Solutions
On 3 February 2025, Invest International announced an MoU making up to EUR 300 million available for Indonesian public infrastructure. Its stated sectors include water, agriculture, renewable energy, waste management, and healthcare.
That financing framework is not proof of full disbursement or automatic eligibility for a supplier. Ask which project has funding approval, who runs procurement, and whether the proposed work fits the financing conditions.
For an energy or waste proposal, separate the technology case from the payment case. Establish the customer, operating responsibilities, performance criteria, and expected cash receipts before relying on a sustainability label.
Professional Services and Applied Technology
Haskoning’s Indonesia page describes consulting and engineering work involving water, maritime activities, industry, buildings, and digital expertise. It provides evidence of an established service-company presence, rather than a national technology-sector investment estimate.
A specialist firm can investigate technical studies, process improvements, or software attached to a defined operating problem. Confirm whether the customer requires local delivery, an Indonesian invoice, professional qualifications, or on-site support.
Representative Dutch Companies and Investment Platforms
The examples below illustrate different business models. They are a selected source-based sample, not a ranking, a complete list of Dutch companies in Indonesia, or a list of prospective customers.
| Company | Documented Indonesian Footprint | Evidence Boundary |
|---|---|---|
| FrieslandCampina through PT Frisian Flag Indonesia | FFI reported the inauguration of its Cikarang, West Java dairy factory on 2 July 2024, with EUR 257 million invested. Its current company page lists production facilities in Cikarang and Pasar Rebo. | Company-reported facility activity; no inference about current utilization or supplier vacancies. |
| Haskoning | The company’s Indonesia page describes consultancy and engineering services. Its office directory lists an address in South Jakarta. | Evidence of a listed office and advertised local services, not an independent audit of project delivery. |
| APG Asset Management | Its 29 October 2024 announcement names additional Trans-Sumatra toll-road investments through INA’s platform. | A dated investment announcement; it does not establish a procurement opportunity for a new entrant. |
Compare business models before committing to premises. Manufacturing, local professional services, and institutional asset investment require different customers, capabilities, and capital plans.
Choose Locations Around Customers and Delivery
The documented locations offer research leads, not proof of national Dutch-investment concentration. Shortlist sites according to the work your Indonesian team will perform and the customers it will serve.
| Location to Investigate | Documented Lead | Decision Check |
|---|---|---|
| Cikarang and the wider Bekasi area | FFI’s documented dairy manufacturing facility | Buyer approval, delivery distance, utilities, and maintenance response requirements |
| Jakarta | Haskoning’s listed office and JIC’s 2026 cooperation discussions | Contracting authority, staff location, project access, and the scope of local services |
| North Sumatra and Java agricultural locations | SeedNL’s planned variety trials | Crop suitability, trial-site access, local partners, and commercial distribution |
Notes from InvestinAsia Consultants
Prepare one opportunity sheet per customer. Record the budget owner, procurement stage, delivery site, acceptance test, and payment terms before comparing office or factory locations.
Match the Entry Route to Local Activities
Your entry route should reflect who imports, contracts, employs staff, and performs the work. Dutch nationality alone does not determine the foreign ownership conditions for the proposed Indonesian business.
Indonesia’s investment-business-field framework is Presidential Regulation No. 10 of 2021, as amended by No. 49 of 2021. Review the selected activities and applicable sector rules before assuming full foreign ownership.
For initial product sales, assess an Indonesian importer or distributor and allocate product approvals, inventory, and after-sales responsibilities in the agreement. Check the arrangement against the goods and services involved.
A general KPPA representative office has a narrower purpose. Article 270 of Minister of Investment and Downstream Industry/BKPM Regulation No. 5 of 2025 permits liaison functions but prohibits Indonesian-source income and specified commercial transactions.
Sector-specific representative offices have different permissions. Our guide to the types of representative offices in Indonesia explains why construction and electricity-support services need a separate assessment.
For a foreign-owned local operation, assess a PT PMA against its intended activities. Government Regulation No. 28 of 2025 governs risk-based business licensing; incorporation alone does not authorize the whole proposed operation.
Once you have defined local contracts and delivery roles, InvestinAsia’s PT PMA registration service provides a route to scope incorporation and licensing with Indonesian delivery support from IZIN.co.id and vOffice Group.
Does Your Dutch Business Need an Indonesian Operating Company?
Scope local contracts and delivery with InvestinAsia, the Indonesia market entry arm of vOffice Group.
Check Capital and Licensing Before Committing Funds
Ministerial Regulation No. 5 of 2025 separates paid-up capital from investment value. Article 26 sets a general minimum paid-up capital of IDR 2.5 billion per PT PMA, unless another rule applies.
The general investment threshold exceeds IDR 10 billion per five-digit KBLI activity per project location, excluding land and buildings. Article 26 provides different calculation rules for several activities and special economic zones.
For agriculture, plantations, livestock, and aquaculture, the regulation includes land and buildings in the investment calculation. Wholesale trading, construction, and qualifying production lines also have specific aggregation rules.
A Dutch SME should therefore price its local operation before selecting a structure. Keep the company funding, investment plan, professional fees, and operating cash budget separate; check applicable capital placement and use requirements.
Map licensing around the actual process and site under Government Regulation No. 28 of 2025. Review product, environmental, and sector-specific obligations where applicable, rather than treating an NIB as blanket operational permission.
Notes from InvestinAsia Consultants
Separate selling equipment from installing or maintaining it in your activity list. Check each revenue stream against the proposed company scope before accepting a contract that combines them.
Build a Dutch Market Entry Case Around One Viable Offer
Start with a product or service that a named Indonesian buyer can evaluate. Use investment statistics and documented projects to find leads, then test the commercial and regulatory conditions for that offer.
- Identify the buyer and confirm the problem, technical requirements, and budget.
- Classify the opportunity as a proposal, funded procurement, signed contract, or operating customer relationship.
- Decide which entity will import, invoice, employ staff, and deliver local support.
- Compare locations using delivered cost, site requirements, and customer access.
- Review ownership conditions, capital, licensing, and continuing compliance before committing funds.
A food technology supplier and a coastal engineering firm can both find relevant Dutch-Indonesian activity. Each still needs its own buyer evidence and an entry structure suited to the work.
Ready to Check Whether Your Entry Plan Fits a PT PMA?
Review activities and licensing with InvestinAsia, backed by vOffice Group, operating since 2003.
- Embassy of the Kingdom of the Netherlands in Indonesia. (2026, May). Presenting Dutch Trade and Investment in Indonesia (2024 investment figures, pp. 23-24). Retrieved from
https://www.netherlandsandyou.nl/documents/d/indonesia/booklet-2026-presenting-dutch-trade-and-investment-in-indonesia-1?download=true - SeedNL. (n.d.). Developing a Seed Road Map and Providing Variety Testing Support for Indonesia (program period: January 2026 to June 2027). Retrieved from
https://www.seednl.nl/indonesia2026 - Jakarta Investment Centre. (2026, July 24). Courtesy Meeting With Embassy of the Kingdom of the Netherlands in Indonesia. Retrieved from
https://invest.jakarta.go.id/news/289/courtesy-meeting-with-embassy-of-the-kingdom-of-the-netherlands-in-indonesia - Invest International. (2025, February 3). Opportunities for Dutch Companies in Indonesia for Large Infrastructure Projects. Retrieved from
https://investinternational.nl/news-items/opportunities-for-dutch-companies-in-indonesia-for-large-infrastructure-projects/ - PT Frisian Flag Indonesia. (2024, July 2). FrieslandCampina dan Frisian Flag Indonesia Resmikan Investasi Terbesar Secara Global: Kekuatan untuk Menang dengan Produk Susu Bergizi. Retrieved from
https://www.frisianflag.com/perusahaan-kami/siaran-pers/frieslandcampina-dan-frisian-flag-indonesia-resmikan-investasi-terbesar-secara-global-kekuatan-untuk-menang-dengan-produk-susu-bergizi - PT Frisian Flag Indonesia. (n.d.). Tentang Kami. Retrieved from
https://www.frisianflag.com/perusahaan-kami/tentang-kami - Haskoning. (n.d.). Indonesia. Retrieved from
https://www.haskoning.com/en/countries/indonesia - Haskoning. (n.d.). Jakarta, Indonesia. Retrieved from
https://www.haskoning.com/en/offices/jakarta - APG Asset Management. (2024, October 29). APG Expands Investments in Indonesian Toll Roads. Retrieved from
https://assetmanagement.apg.nl/publications/apg-expands-investments-in-indonesian-toll-roads/ - Government of Indonesia. (2021). Presidential Regulation No. 49 of 2021 Amending Presidential Regulation No. 10 of 2021 on Investment Business Fields. Retrieved from
https://peraturan.bpk.go.id/Details/168534/perpres-no-49-tahun-2021 - Government of Indonesia. (2025). Government Regulation No. 28 of 2025 on Risk-Based Business Licensing. Retrieved from
https://jdih.kemenkeu.go.id/dok/pp-28-tahun-2025/overview - Ministry of Investment and Downstream Industry/BKPM. (2025). Regulation No. 5 of 2025 on Procedures for Risk-Based Business Licensing and Investment Facilities Through OSS. Retrieved from
https://jdih.bkpm.go.id/id/document/peraturan-menteri-investasi-dan-hilirisasikepala-badan-koordinasi-penanaman-modal-nomor-5-tahun-2025-tentang-pedoman-dan-tata-cara-penyelenggaraan-perizinan-berusaha-berbasis-risiko-dan-fas



