Saturday, October 22, 2011

The Economy


Although Indonesia is still basically an agricultural nation, the last twenty years have seen the development of a number of important industries, such as the production of cement and fertilizers, ship-building, electronics and motor assembly, textiles and pharmaceuticals. Apart from these, the country has a rich supply of natural resources, including oil and natural gas as well as large quantities of timber and marine products.

Indonesia today is one of the world’s leading producers of crude oil. Tourism, too, is beginning to emerge as an important economic factor, the number of foreign visitors to the country having increased by about fifty percent over the last five years.

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