Exhibit 11(b)

                                November 20, 2000

Willkie Farr & Gallagher
787 Seventh Avenue
New York, NY  10019-6099

                  Re:      The Indonesia Fund, Inc.
                           ------------------------

Ladies and Gentlemen:

          We have acted as special Maryland counsel to The Indonesia Fund, Inc.,
a Maryland corporation ("IF"), in connection with its proposed merger with
Jakarta Growth Fund, Inc. ("JGF"), a Maryland corporation, in which outstanding
shares of common stock, $.10 par value, of JGF (the "JGF Shares") will be
converted into outstanding shares of common stock, $.001 par value, of IF (the
"IF Shares") (the "Merger").

          We have examined the combined proxy statements and prospectus and
the Statement of Additional Information contained in IF's Registration
Statement on Form N-14, Securities Act File No. 333-47744, with respect to
the Merger (the "Registration Statement"), substantially in the form in which
it is to become effective, IF's Charter and Bylaws, and the Merger Agreement
and Plan of Reorganization between IF and JGF dated as of October 18, 2000
(the "Agreement"). We have also examined and relied upon a certificate of the
Maryland State Department of Assessments and Taxation ("SDAT") to the effect
that IF is duly incorporated and existing under the laws of the State of
Maryland and is in good standing and duly authorized to transact business in
the State of Maryland.

          We have also examined and relied upon such other corporate records of
IF, including a certificate of the Secretary of IF with respect to IF Board
actions and certain other matters, and such other documents as we have deemed
necessary to render the opinion expressed herein. We have assumed, without
independent verification, the genuineness of all signatures on documents that we
have reviewed, the authenticity of all documents submitted to us as originals,
and the conformity with originals of all documents submitted to us as copies.

          Based upon the foregoing and subject to the qualifications set forth
below, we are of the opinion that:

          1.   IF is a corporation duly organized, validly existing and in good
standing under the laws of the State of Maryland.

          2.   When the Special Committee appointed by the Board of Directors
of IF has set December 28, 2000 as the meeting date on which the stockholders
of IF will vote on the Merger, the Merger has been duly approved by the
stockholders of IF, appropriate Articles of Merger with respect to the Merger
have been accepted for record by SDAT, and the JGF Shares have been converted
into IF Shares pursuant to the Agreement and the Articles of Merger and in
the manner described in the Registration Statement, the IF Shares will be
validly issued shares, fully paid and nonassessable, under the laws of the
State of Maryland.




Willkie Farr & Gallagher
November 20, 2000
Page 2

          This letter expresses our opinion with respect to the Maryland General
Corporation Law governing matters such as the authorization and issuance of
stock. It does not extend to the securities or "blue sky" laws of Maryland, to
federal securities laws or to other laws.

          You may rely on our foregoing opinion in rendering your opinion to IF
that is to be filed as an exhibit to the Registration Statement. We consent to
the filing of this opinion as an exhibit to the Registration Statement and to
the reference to us under "Legal Opinions" in the Registration Statement. We do
not thereby admit that we are "experts" as that term is used in the Securities
Act of 1933, as amended, and the regulations thereunder. This opinion may not be
relied upon by any other person or for any other purpose without our prior
written consent.

                                            Very truly yours,

                                            /s/ Venable, Baetjer and Howard, LLP