- Economic Policy Alignment: President Prabowo emphasized the importance of aligning national economic policies with the visions of Indonesia’s founding fathers, particularly the socialist economic outlook of his father, Sumitro Djojohadikusumo. This includes initiatives like the revival of the “Program Benteng,” which aims to empower indigenous businesses.
- Investment Climate Enhancement: Strategies to improve the investment climate were discussed, focusing on simplifying regulations and reducing bureaucratic hurdles to attract both domestic and foreign investments. This aligns with President Prabowo’s earlier statements about being open to privatizing non-strategic state firms to allow the private sector to take a bigger role in the economy.
- Development of the Digital Economy: Recognizing the global shift towards digitalization, the meeting addressed the acceleration of Indonesia’s digital economy. Discussions included infrastructure development, digital literacy programs, and support for tech startups to position Indonesia as a leader in the digital space.
- Downstream Industry Development: The importance of developing downstream industries, particularly in natural resources, was highlighted. By adding value to raw materials domestically, Indonesia aims to increase export revenues and create employment opportunities.
- Semiconductor Industry Initiatives: Acknowledging the strategic value of semiconductors, plans were discussed to establish Indonesia as a hub for semiconductor manufacturing. This includes attracting investment, building necessary infrastructure, and developing a skilled workforce.
- Financial Sector Reforms: The meeting explored reforms in the financial sector to enhance transparency, efficiency, and accessibility. This includes the establishment of a sovereign wealth fund, Daya Anagata Nusantara (Danantara), to manage state assets and investments effectively.
- Public-Private Partnerships (PPP): Emphasis was placed on strengthening collaborations between the government and private sector. By leveraging private expertise and capital, infrastructure projects and public services can be improved, leading to better outcomes for the Indonesian populace.
These discussions reflect President Prabowo’s commitment to fostering a collaborative environment between the government and business leaders to drive sustainable economic growth and development in Indonesia.
