Indonesia's digital economy potential reaches USD$133 billion

In a virtual meeting, the Indonesian Minister for Economic Affairs Airlangga Hartarto revealed that ‘Indonesia’s digital economy potential is valued at US$133 billion, while in the Association of Southeast Asian Nations (ASEAN), it reached US$300 billion. Hence, we must continue to encourage the Industrial Revolution 4.0.’ He asserted that the digital transformation would support economic development, and enable Indonesia to emerge from the middle-income trap, with the required growth of 5.7–6%. The minister unveiled the government's future plan to prepare 5G services and to operate a multifunction satellite, dubbed the Satellite of the Republic of Indonesia (SATRIA), in 2023, to connect 150 000 public facilities that comprise schools, local government offices, health facilities, and ministries/institutions.

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