Law firms in Indonesia have been turning to areas such as health care, nickel mining and telecommunications for growth after suffering from a plunge in deal work for venture capital fundraising in the past year, according to lawyers in the country. 

In 2016, as part of an attempt to raise annual growth to an average of 7%, Indonesia’s Widodo administration set out to provide access to financing for small and midsize businesses, as well as information technology startups. The country had witnessed the beginnings of a technology startup boom a few years before when e-commerce marketplace Tokopedia received $100 million in investment from U.S.-based Sequoia Capital and Japan’s SoftBank Group in 2014.