Indonesia aims to be one of the world’s top 10 largest economies by 2025. And that would take its gross domestic product to some $4.5 trillion.
Per capita income would also jump five times from $3,000 currently to $15,000.
Speaking at a business forum in Singapore, Indonesia’s Coordinating minister for Economic Affairs Hatta Rajasa said Jakarta plans to achieve this through the government’s economic acceleration programme.
The programme focuses mainly on infrastructure development in six regional economic growth corridors spread across Indonesia.
However, such a programme will require the investment of billions of dollars to trigger growth.
To do so, Jakarta plans to attract foreign investment in mainly in the infrastructural and economic production sectors.
Hatta Rajasa, Indonesia’s Coordinating minister for Economic Affairs, said: “The policies that we have taken are all in line with the international commitments and we remain open for business. I do not believe in trade protectionism. I am fully committed to an open, fair and competitive trade regime for Indonesia.”