Game Industry to be Source of Economic Strength

The Ministry of Communication and Informatics is aiming to ensure the game industry becomes one of Indonesia’s economic strengths by dominating the Southeast Asian market, according to reporting from Antara News.

Indonesia is one of the biggest gaming markets in Southeast Asia and the country has only started to fully use its potential, the ministry’s director general of informatics application, Hokky Situngkir, said in Badung, Bali, on Saturday (12/10/24.)

He noted that in 2023, the national gaming industry generated an income of more than USD 1.6 billion. The value is seen as a clear signal that the sector is a center of strength, says Antara News.

According to Situngkir, of the 55.6 percent of Indonesian gamers, more than 35 million are active online gamers, reflecting how integrated games are in people’s daily lives.

“With the esports market estimated to reach USD 1 billion, Indonesia is ready to lead and compete on the global stage,” he said.

One of the efforts to strengthen the esports ecosystem has been the holding of the Indonesia Game Developer Exchange (IGDX) event in Kuta, Bali, from October 10 to 12, 2024.

Situngkir said that the event was attended by gamers, game developers, artists, investors, as well as government officials.

Antara News says the IGDX is aimed at strengthening collaboration, improving knowledge, and opening new opportunities for game industry players in Indonesia adding that together with other ministries, the Ministry of Communication and Informatics is seeking to build the gaming ecosystem.

The efforts made to achieve this have included strengthening young talents, increasing the capacity of game developers, preparing information for careers in the game industry, and providing international-scale game industry business meeting centers, such as the IGDX.

The efforts are aimed at encouraging the acceleration of the development of the game industry ecosystem by increasing the quality and quantity of prospective game developers who have portfolios and can become new entrepreneur candidates in the sector. (INE)

 

Source: Antara News

Stock photo by RDNE Stock project on Pexels 

Latest Article
Who's Who in the Prabowo-Gibran Cabinet
President-elect Prabowo Subianto is scheduled to be officially sworn in as Indonesia’s next president...
Over USD 80 Billion of Investment So Far in 2024
According to reporting from Jakarta Globe, Indonesia has attracted IDR 1,261.4 trillion (over USD 80...
Sri Mulyani Poised to Become Finance Minister Under Prabowo
Indonesia’s Finance Minister, Sri Mulyani Indrawati, is poised to become the first Indonesian to hold...
Game Industry to be Source of Economic Strength
The Ministry of Communication and Informatics is aiming to ensure the game industry becomes one of Indonesia’s...
Indonesia Secures Agreements at Osaka Trade Show
Antara News is reporting that Indonesia’s Industry Minister, Agus Gumiwang Kartasasmita announced on...

Andrzej Barski

Director of Seven Stones Indonesia

Andrzej is Co-owner/ Founder and Director of Seven Stones Indonesia. He was born in the UK to Polish parents and has been living in Indonesia for more than 33-years. He is a skilled writer, trainer and marketer with a deep understanding of Indonesia and its many cultures after spending many years travelling across the archipelago from North Sumatra to Irian Jaya.

His experience covers Marketing, Branding, Advertising, Publishing, Real Estate and Training for 5-Star Hotels and Resorts in Bali and Jakarta, which has given him a passion for the customer experience. He’s a published author and a regular contributor to local and regional publications. His interests include conservation, eco-conscious initiatives, spirituality and motorcycles. Andrzej speaks English and Indonesian.

Terje H. Nilsen

Director of Seven Stones Indonesia

Terje is from Norway and has been living in Indonesia for over 20-years. He first came to Indonesia as a child and after earning his degree in Business Administration from the University of Agder in Norway, he moved to Indonesia in 1993, where he has worked in leading positions in education and the fitness/ wellness industries all over Indonesia including Jakarta, Banjarmasin, Medan and Bali.

He was Co-owner and CEO of the Paradise Property Group for 10-years and led the company to great success. He is now Co-owner/ Founder and Director of Seven Stones Indonesia offering market entry services for foreign investors, legal advice, sourcing of investments and in particular real estate investments. He has a soft spot for eco-friendly and socially sustainable projects and investments, while his personal business strengths are in property law, tourism trends, macroeconomics, Indonesian government and regulations. His personal interests are in sport, adventure, history and spiritual experiences.

Terje’s leadership, drive and knowledge are recognised across many industries and his unrivalled network of high level contacts in government and business spans the globe. He believes you do good and do well but always in that order. Terje speaks English, Indonesian and Norwegian.

Contact Our Consultants

Ridwan Jasin Zachrie

CFO of Seven Stones Indonesia, Jakarta

Ridwan is one of Indonesia’s top executives with a long and illustrious career in the financial world. He holds several professional certifications including being a Certified Business Valuer (CBV) issued by the Australian Academy of Finance and Management; Broker-Dealer Representative (WPPE); and The Directorship Certification for Directors and Commissioners, issued by the Indonesian Institute of Commissioners and Directors.

His experience includes being the Managing Director at one of the top investment banking groups in the region, the Recapital Group, the CFO at State-owned enterprises in fishery industry and the CEO at Tanri Abeng & Son Holding. He’s also been an Independent Commissioner in several Financial Service companies and on the Audit and Risk Committee at Bank BTPN Tbk, Berau Coal Energy Tbk, Aetra Air Jakarta as well as working for Citibank, Bank Mandiri and HSBC. His last position was as CFO at PT Citra Putra Mandiri – OSO Group.

Ridwan has won a number of prestigious awards including the Best CFO Awards 2019 (Institute of Certified Management Accountant Australia-Indonesia); Asia Pacific Young Business Leader awarded by Asia 21 Network New York USA (Tokyo 2008); UK Alumni Business Awards 2008 awarded by the British Council; and The Most Inspiring Human Resources Practitioners’ version of Human Capital Magazine 2010.

He’s a member of the Board of Trustees of the Alumni Association of the Faculty of Law, Trisakti University, Co-Founder of the Paramadina Public Policy Institute and actively writes books, publications and articles in the mass media. He co-authored “Korupsi Mengorupsi Indonesia” in 2009, which helps those with an interest in understanding governance in Indonesia and the critical issue of corruption. Ridwan speaks Indonesian and English.

Per Fredrik Ecker

Managing Director of Seven Stones Indonesia, Jakarta

Per is the Managing Director of the Seven Stones Indonesia (SSI) Jakarta office and has more than 25-years’ experience in Indonesia, China, and Western Europe. He previously worked in senior management positions with Q-Free ASA, Siemens AG, and other companies in the telecom sector. Over the last six years, he has been the Chairman of the Indonesia-Norway Business Council (INBC) and recently become elected to be on the board of EuroCham Indonesia.

His most recent experience is within Intelligent Transport Solutions (ITS), Telecom, and other sectors within the Indonesian market. He is today through his position in SSI and by representing Norway Connect, promoting Nordic and European companies that would like to explore business opportunities in the Indonesian market. He’s also playing an active role to help create the Nordic House concept in Jakarta that will provide an excellent platform for Nordic companies entering Indonesia, where they’ll find a community that can offer support with trusted information and affordable services to enter this market.