Indonesia needs transformation to become high-income country: Ministry

Jakarta, Indonesianpost.com – Economic transformation is necessary to help Indonesia level up and become a high-income country, according to deputy of economy at the Ministry of National Development Planning, Amelia Adininggar Widyasanti.

“This transformation is being carried out through industrialization,” she said at a seminar on “Resisting the Deindustrialization Curse: Towards Green Industry Mainstreaming,” which was followed online on Tuesday.

She said that industrialization was an effective means of enhancing productivity, which would have an impact on economic growth in the long term.

Widyasanti underlined that to achieve the goals of the 2025–2045 National Long-Term Development Plan (RPJPN), industrialization must be made inclusive and sustainable. Inclusivity involves adhering to the Indonesian National Standard (SNI) throughout the production chain.

She said that in preparing the RPJPN, her ministry determined priority industries so that they could provide industry focuses in the future.

“In the RPJPN, we have shown that one of the priority industries is natural resources downstreaming, not only mineral resources but also sustainable (resources), for example, industries that are based on oil palm plantations and the downstreaming of seaweed, cocoa, and others,” she explained.

She said that basic industries will also receive attention so that they become supporting sectors for other industries. The chemical industry, for instance, stands as a fundamental sector catering to the raw material requirements of various other industries.