JAKARTA - Standard Chartered released a new study regarding the opportunities private sector investors have to support change in achieving the Sustainable Development Goals (SDGs).

The study entitled Opportunity 2030: The Standard Chartered SDG Investment Map reveals that there are private sector investment opportunities of around IDR136,473 trillion (US $ 10 trillion) in developing countries, with opportunities in Indonesia of IDR 3,821 trillion (US $ 280 billion). ).

The greatest opportunity in Indonesia lies in achieving and maintaining universal access to electricity (one of the SDG 7 indicators), which represents a private sector investment opportunity of IDR 2,012 trillion (USD 147.5 billion).

This takes into account the proportion of Indonesia's population currently without access to electricity (2 percent), projected population growth, and increasing demand for energy in line with economic development.

Chief Executive Officer of Standard Chartered Bank Indonesia Andrew Chia explained, as the largest economy in Southeast Asia, Indonesia has a significant role in aligning existing development plans with the United Nations Sustainable Development Goals (SDGs).

"Investments in sustainable infrastructure will be very important to help achieve the SDGs by 2030 given Indonesia's large population, and this country offers great opportunities for the private sector to invest with real impact," said Chia, quoted Monday, January 20.

For SDG 9, which drives improvements in industry, innovation and infrastructure, Opportunity2030 highlights investment opportunities in transportation and improving digital access.

Ensuring full digital adoption in Indonesia - a combination of the number of mobile subscribers and internet connectivity - will require private sector investment of around IDR733 trillion (US $ 53.7 billion).

To significantly improve Indonesia's transportation infrastructure by 2030 there are investment opportunities of IDR 1,030 trillion (US $ 75.5 billion) for the private sector.

The opportunity for private sector investment in clean water supply is smaller, but it will have a real impact because 19 percent of Indonesia's population still does not have access to clean water and sanitation (an important indicator of SDG 6).

To help achieve universal access to clean water by 2030, private sector investment of IDR 54.6 trillion (US $ 4 billion) is required.


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