Established in 2019, PT. Zakti Grup Indonesia is an Indonesian-based company that aims to facilitate and cooperate with domestic and foreign business partners in establishing high-value business entities of products and services in Indonesia. We have a dedicated, creative young management team that is adaptable and decisive in responding to fast-changing market conditions. Our success has been attributed to our high need for achievement, high commitment level and willingness to take moderate risk. These are the essential factors to ensure dynamic and sustainable growth for the group. Together with the respective business partners, PT. Zakti Grup Indonesia will strive to develop businesses of common interest to both parties.
Indonesia is currently the fourth most populous country in the world and the tenth largest economy in the world in terms of purchasing power parity. Not only that, but this nation is also a member of the G20. In addition, Indonesia has made significant progress in reducing the poverty rate by more than 50% since 1999, which decreased to 9.78% in 2020. Before the COVID-19 crisis, Indonesia was able to maintain strong new economic growth.
The government continues to implement structural reforms to create a more competitive business environment for foreign investors. Indonesia is expected to become the world's fourth largest purchasing power parity in 2030. Keeping that in mind, Indonesia offers many opportunities for locals and foreigners in the future.
With over 17,000 islands in Indonesia, the country offers a variety of landscapes and destinations to enhance the travel experience for visitors from all over the world. Due to its skilled and competitive manpower, Indonesia is an ideal destination for manufacturing and construction companies. We are always working to make the country's road system more efficient and modern, as proper infrastructure is essential for the growth of Indonesia's economy. Apart from that, Indonesia is the fourth largest mobile market in the world and the country with the highest IT spending in Southeast Asia. Most of the business opportunities in the Indonesian technology industry are flooded with application development companies, advanced IT technology companies, and e-commerce platforms.