JAKARTA - The government through the Coordinating Minister for the Economy, Airlangga Hartarto, said that the development of the digital economy is one of the main strategies for Indonesia's economic transformation while accelerating economic recovery after the COVID-19 pandemic.
According to him, the development of the digital economy is also driven by a shift in people's behavior that tends to use digital platforms in various sectors.
In Airlangga's notes, a Google and Temasek study showed that the investment value of Indonesia's digital economy in the 2021 quarter was US$4.7 billion and has exceeded the highest value for the last four years.
"The positive trend of digital economic development is also in line with investment developments. This achievement also makes Indonesia the most popular investment destination in Southeast Asia (ASEAN) surpassing Singapore", he said in an official statement quoted on Tuesday, April 14.
Airlangga added, that in 2021 the value of Indonesia's e-commerce transactions managed to reach IDR 401.25 trillion with a transaction volume of 1.73 billion.
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"Indonesia's digital economy is the highest in ASEAN, last year's economic value was recorded at around 70 billion US dollars and is estimated to reach 146 billion US dollars by 2025", he said.
For that, he welcomed the initiation of the listing of PT GoTo Gojek Tokopedia Tbk. on the Indonesia Stock Exchange as a form of strengthening opportunities for accelerating the development of the national digital economy.
"The Initial Public Offering (IPO) is a good first step for GoTo to increase its contribution and continue its transformation into a leading technology company that can compete with foreign technology giants", he said.
Furthermore, Airlangga said that the government has also prepared a framework for developing the digital economy for 2021-2030 to become the basis for realizing the vision of digital economic power that encourages inclusive, connected, and sustainable economic growth.
"This is a form of state presence to support the advancement of the digital industry through creating a conducive business climate", concluded Coordinating Minister Airlangga.
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