OECD Helps Indonesia Identify Opportunities For Semiconductor Industry Development

Semiconductor (Photo: Antara)

JAKARTA - The government is pushing for a new economic engine to accelerate national economic growth, one of which is the development of the semiconductor industry.

Deputy for International Economic Cooperation, Edi Prio Pambudi, said that in the process of accessing Indonesia to become a member of the Organization for Economic Co-operation and Development (OECD), the OECD team immediately came to Indonesia to identify opportunities and challenges in Indonesia in handling the semiconductor ecosystem.

"This visit aims to gain a more in-depth understanding of Indonesia's semiconductor ecosystem by meeting with various government agencies involved in making semiconductor policies and other stakeholders such as industry players, associations, labor organizations, and civil society," said Edi in a written statement, Tuesday, July 23.

The OECD team is led by Senior Economist from the Directorate of Science, Technology and Innovation Guy Lalanne along with three other economists.

The issues discussed at the meeting session were mostly related to policies, data confirmation, as well as the identification of opportunities and challenges for the development of the semiconductor industry in Indonesia.

The visit is a series of fact-finding messages by OECD to review Indonesia's semiconductor ecosystem. In this mission, OECD met with various parties involved in making semiconductor policies, and other stakeholders.

The meeting, which was held for four days in Jakarta, was also attended by representatives of Ministries and Institutions, associations, industry players, and educational institutions.

On the same occasion, the Special Staff of the Coordinating Minister for Prof. Hammam Riza, who is also the Expert Team in the Semiconductor Task Force, said that Indonesia is really serious in accelerating the development of the semiconductor ecosystem, from upstream to downstream.

"To achieve this vision, Indonesia is ready to strengthen 4 pillars of industrial support, namely infrastructure, human skills/ resources, supply chains, and its supporting environment," he said.

Furthermore, the series of fact-finding mission activities was closed with a field visit to Batam, Riau Islands, to see the potential of the area as a location for the development of the semiconductor industry. In addition, the OECD team will still conduct an in-depth analysis of Indonesia's semiconductor ecosystem for the next 6 months.