Digital economy key to make Indonesia major economy: Thohir
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Loading... - Bojing Liu
- 30 Mar 2022
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Digital economy development is vital for putting Indonesia on the list of ten major global economies by 2045, according to State-Owned Enterprises Minister Erick Thohir.
The minister said that in its 76th year of independence, Indonesia must maintain its great dreams by optimizing all opportunities available for advancing the nation in the future, particularly at the centenary of independence in 2045, when Indonesia is projected to be among the ten major economies.
"There are several key factors that must be anticipated to realize our great dreams, and one of the keys is to develop our digital economy," Thohir said during the Indonesian Young Entrepreneurs Association's (Hipmi's) 2022 Digital Fest here on Wednesday.
Indonesia’s digital economy has great potential, he said, adding that by 2030, the potential of the nation’s digital economy is projected to grow to Rp4,500 trillion (US$315 billion), much higher than the country's GDP (gross domestic product) growth.
"Those are opportunities that we must optimize. State-owned enterprises are committed to developing Indonesia's digital ecosystem to optimize those opportunities," Thohir remarked.
The development of Indonesia's digital ecosystem will focus on three aspects: infrastructure, funding, and aggregators, he informed.
The ministry has conducted business refocusing of state-owned telecommunication companies Telkom, which will focus on a business-to-business approach through the development of a data center, cloud system, and 5G network installations, and Telkomsel, which will focus on a business-to-consumer approach, he said. Read More...
