Indonesia has traditionally relied on consumption to drive its economic growth, but if we are to turbocharge our recovery we need to boost trade and investment by reducing costs, barriers and bottlenecks.
Those attractions add to our natural head start in the race for investment: Indonesia is a relatively cheap production base with a vast pool of domestic customers. We need to find ways to further cut the costs and barriers that discourage companies and entrepreneurs from funneling sustainable investment in Indonesia, or trading into and out of the country.
This is especially true when it comes to trade in data. There are vast potential economies of scale when it comes to extending new advanced financial technology across the region.
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