Anindya Bakrie Reveals Indonesia's Strategy to Boost Economic Growth
- VIVA.co.id/Mohammad Yudha Prasetya
Peru, VIVA – The Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Novyan Bakrie, discussed Indonesia's strategy to achieve an economic growth target of 8 percent under the leadership of President Prabowo Subianto.
Bakrie acknowledged that Indonesia, under President Prabowo's leadership, faces a challenging journey over the next five years.
Notably, the national economy has averaged around 5 percent growth in recent years.
Ketua Umum Kadin Indonesia Anindya Bakrie (tengah) berbicara di APEC CEO Summit, dalam rangkaian KTT APEC di Lima, Peru, Kamis, 14 November 2024.
- Istimewa
Given this situation, Bakrie emphasized that achieving 8 percent economic growth during Prabowo’s administration would require well-developed digital infrastructure.
"I also focused on our business capacity for green industrialization because Indonesia is blessed with critical minerals underground," Bakrie stated at the APEC CEO Summit 2024 in Lima, Peru, on Thursday (Nov 14).
He added that Indonesia’s critical minerals are not limited to fossil fuels but also include other mining commodities like copper, nickel, and zinc.
"All of these are ranked in the top five globally in terms of resources," he remarked.
With Indonesia's abundant natural resources, Bakrie stressed the importance of processing these minerals while integrating renewable energy potential.
"Imagine if we could process these critical minerals alongside renewable energy potential available above ground in the equatorial region. We have geothermal, hydro, solar, and wind energy, which we must work to protect and eventually harness," Bakrie explained.
Furthermore, to achieve this target, Indonesia must exceed its current levels of domestic consumption and government spending, which are already considered efficient.
To boost foreign direct investment (FDI), exports, and transformative industries, Bakrie emphasized that Indonesia must establish a robust digital industrial ecosystem and pursue green industrialization.
"When we talk about digital infrastructure, it is, of course, fundamental for Indonesia. This country, with 280 million people, is spread across 17,000 islands, including five major ones such as Java, Kalimantan, Sulawesi, Sumatra, and Papua," he concluded.