Wednesday, 13 July 2022 10:44

Indonesia Becomes Popular Destination for Digital Investment in ASEAN

The Coordinating Minister for the Economy (Coordinating Minister for the Economy), Airlangga Hartarto revealed, Indonesia is now the most popular digital investment destination in Southeast Asia (ASEAN) in line with the rapid acceleration of the digital economy in the country. FEKDI) 2022 in Nusa Dua, Bali, Monday (11/7/2022). "Currently there are 2,391 startups, two decacorns, and eight unicorns. Indonesia is the most popular digital investment destination in Southeast Asia or represents 40% of digitalization in Southeast Asia, the value is IDR 300 trillion supported by a conducive business climate," said Airlangga. According to him, the government is committed to structural reforms of the Indonesian economy to support digital innovation and transformation. This commitment is needed to support inclusive and sustainable economic growth through digital investment. With bright prospects, Airlangga hopes that economic and financial digitalization will become a new source of economic growth.


The government projects that Indonesia's digital economy has good prospects because it has the potential to grow up to eight times, in line with people's preferences for online shopping and the convenience of digital payment systems. "2021 digital trade will reach IDR 401 trillion, along with increasing acceleration and preference for online shopping and supported by digital payment systems. The potential for the digital economy in 2025 will reach IDR 146 trillion and in 2030 it will increase 8 times to IDR 4,531 trillion," he said. For information, based on data from Bank Indonesia (BI) the value of electronic money transactions (EU) in May 2022 grew 35.25% (yoy) to reach Rp 32 trillion and the value of digital banking transactions increased 20.82% (yoy) to Rp 3,766.7. trillion. Meanwhile, the value of payment transactions using ATM cards, debit cards and credit cards increased by 5.43% (yoy) to Rp 630.9 trillion.


Source: https://www.beritasatu.com/economy/950081/indonesia-jadi-purpose-popular-investasi-digital-di-asean

 

 

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