President Conveys Three Economic Recovery Efforts At the 13th IMT-GT Summit

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Jakarta – lokadewatanews.com – President Joko Widodo conveyed three things that must be done as an effort to recover the economy. According to the President, these efforts must be placed in the context of sustainable development and the fulfillment of the Sustainable Development Goals (SDGs) targets.

This was conveyed by President Jokowi in his speech at the 13th Indonesia – Malaysia – Thailand Growth Triangle (IMT-GT) virtually at the Bogor Presidential Palace, West Java, on Thursday, October 28, 2021.

First, the President stated the importance of accelerating infrastructure development, both hard infrastructure and soft infrastructure. In this regard, Indonesia is committed to ensuring connectivity in the Sumatra region.

“During the first period of the blueprint, Indonesia has completed seven toll roads, the development of the Kuala Tanjung port, and the Palembang LRT,” said the President.

Second, the President also stated the importance of supporting food and energy security through the identification and development of high-value-added agricultural products. The development of digital agriculture, continued the President, is considered important to increase productivity and attract the participation of the younger generation.

“For energy, technology at affordable prices, and investment play an important role for the transformation of new and renewable energy. Therefore, cooperation with partners is very important,” said the President.

While the third, the President stated the importance of accelerating the transformation of the digital economy, including for MSMEs. The President said that the pandemic taught the importance of digital technology to run the economy.

“We must produce more new digitalpreneurs. We make sure the newly formed IMT-GT e-commerce platform functions optimally and is user friendly in facilitating MSMEs in the digital market,” said the President.

On the occasion, the President also revealed Indonesia’s plan to hold the ASEAN Creative Economic Business Forum in Bali in November as an effort to strengthen the role of MSMEs and the creative economy. The President also expressed Indonesia’s support for the preparation of the IMT-GT 2022-2026 blueprint for implementation.

“This blueprint will be our physical guideline and contain clear targets and indicators for efforts to strengthen our cooperation in the next five years,” he said.

To note, this year is the last year for the implementation of the IMT-GT blueprint for the 2017-2021 period. During this period, the Covid-19 pandemic has been a challenge for almost two years and has affected the subregional Gross Domestic Product (GDP).

However, currently the number of the spread of the Covid-19 virus has begun to be suppressed and the economic recovery has also begun to appear. Therefore, the commitment so that the implementation of the 2022-2026 blueprint can run well and contribute to economic recovery must continue to be increased considering that IMT-GT GDP has increased by 20 percent in the 2015-2019 period.

“In this period, Indonesia has tried to contribute, among others, through the development of physical connectivity in the sub-region worth USD17.9 billion and support for projects including Bengkulu Digital and Tourism Village, Aceh Investment Sport, Batam Green City Initiative, and a number of other projects. ” said the President.

Also accompanying the President at the summit were Coordinating Minister for Economic Affairs Airlangga Hartarto, Minister of State Secretary Pratikno and Deputy Minister of Foreign Affairs Mahendra Siregar.
[Ann monna]

Bogor, October 28, 2021
Press, Media and Information Bureau of the Presidential Secretariat

Website: https://www.presidential.go.id
YouTube: Presidential Secretariat.(team).