Speaking at the Alibaba Cloud Data Management Summit held in Jakarta, Tuesday (25/07/23) Zulkifli Hasan, Indonesia’s Minister of Trade has said the country’s digital economy has shown great potential to contribute to the national economy in the past five years, according to reporting from Tempo.
“The e-Conomy SEA Report 2022 notes Indonesia’s digital economy was predicted to reach USD 130-billion in 2025,” Zulkifli said, adding that the government would continue to encourage the utilization of the digital economy.
One way of doing this is by accelerating digital transformation in the trade sector in an inclusive and sustainable manner by supporting collaboration in four sectors, namely MSMEs, marketplaces, modern retail, and financing institutions, say Tempo.
According to the minister, digital ecosystem activities, especially in e-commerce, are closely related to data as the main pillar in today’s digital era.
“With a large amount of activity taking place in the digital ecosystem, digital infrastructure is also necessary and must be ready to serve the massive demand for computing resources and storage,” he said.
Tempo report that the minister has assessed that business actors engaged in providing cloud computing facilities, cloud storage, or other technologies that are capable of supporting greater utilization of the digital economy are urgently needed.
Source: Tempo
Image by Wance Paleri on Unsplash
