DIGITAL ECONOMY SET TO SPEARHEAD INCLUSIVE GROWTH FOR INDONESIA

A new focus report from Oxford Business Group (OBG) explores the importance of Indonesia’s digital economy for the country’s long-term recovery from the challenges of Covid-19.

Buoyed by the accelerated uptake of online tools among a large and consumption-driven domestic market, Indonesia’s digital economy looks set to facilitate a robust recovery in 2021 and beyond.

OBG’s ‘Indonesia Digital Economy Covid-19 Recovery Roadmap’ provides an in-depth analysis of the sector in an easy-to-read and accessible format, with key data and infographics used to position the segment within the national economic landscape.

The report is now ready to view and download at https://oxfordbusinessgroup.com/news/report-how-important-will-indonesias-digital-economy-be-long-term-inclusive-growth

The analysis shines a spotlight on the growth potential of financial technology (fintech) and digital payments, as well as e-commerce and food delivery.

Signposting the role of other key economic segments – including construction and infrastructure – for Indonesia’s long-term expansion, the publication includes case studies to showcase how digital business adaptations during the pandemic have translated into new growth avenues.

The report also includes an interview with Bahlil Lahadalia, Minister of Investment, in which he highlights the country’s priority investment areas, outlines plans to promote value-added production, and details the potential for the Regional Comprehensive Economic Partnership to expand market access and boost competitiveness.

Jade Currie, OBG’s Regional Editor for Asia, said that Indonesia looks poised for a digitally enabled recovery from ongoing coronavirus-related headwinds, with fintech and e-commerce presenting standout opportunities for inclusive development.

“Indonesia’s sizeable domestic market, combined with institutional support and a growing acceptance of digital tools, presents a competitive range of digital investment opportunities,” Currie said. “These tools can enhance financial inclusion, create jobs and widen the customer base for Indonesia’s micro-, small and medium-sized enterprises – thereby facilitating inclusive, long-growth over the years ahead.”

This Covid-19 Recovery Roadmap forms part of a series of tailored reports that OBG is currently producing in conjunction with its partners, alongside other highly relevant, go-to research tools, including a range of country-specific Growth and Recovery Outlook articles and interviews.