Indonesia Pushes for Increased U.S. Investment in Digital Innovation
BALI, RAKYAT NEWS – At the 12th US-Indonesia Investment Summit in Bali, Nezar Patria, Indonesia’s Deputy Minister for Communications and Digital Affairs (Komdigi), urged the United States to ramp up investments in Indonesia’s digital sector. His call comes as the Indonesian government aims to strengthen its partnership with the U.S. and foster more collaboration in business and technology.
Nezar emphasized that the collaboration should focus on increasing investments and driving innovation in Indonesia’s digital economy.
In his remarks, Nezar highlighted the crucial role that global tech companies play in transforming Indonesia’s digital landscape. He stated that both investment and the transfer of technological knowledge were essential to achieving the country’s digital transformation goals. By adopting advanced technologies, Indonesia can create value and jobs, boosting its economic potential.
Nezar underscored that digital transformation is vital for achieving Indonesia’s ambitious target of an 8% economic growth rate, which is part of President Prabowo Subianto’s vision for the nation’s future. He outlined the role of the Ministry of Communications and Digital Affairs as a facilitator, enabler, and regulator in strengthening the country’s digital ecosystem, ensuring that it contributes to sustainable economic growth.
The 12th US-Indonesia Investment Summit serves as a strategic platform for showcasing key initiatives from Indonesia’s government. The goal is to attract foreign investment and achieve the vision of a prosperous “Golden Indonesia” by 2045. The summit brought together stakeholders to discuss how both countries can enhance their economic and technological ties.
A recent report by the American Chamber of Commerce in Indonesia (AmCham) and the US Chamber of Commerce revealed that U.S. investments in Indonesia amounted to $67 billion (IDR 1,066 trillion) from 2014 to 2023. This investment generated an economic impact of $130 billion (IDR 2,070 trillion) during this period, underscoring the growing importance of U.S. capital in Indonesia’s economy.
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