BRAVE Southeast Asia Tech: Singapore, Indonesia, Vietnam, Philippines, Thailand & Malaysia Startups, Founders and Venture Capital VC

Indonesia: Prabowo Victory & Jokowi Legacy, "Golden Indonesia 2045" GDP Vision and Middle-Income Trap & Societal Challenges - E389

03.03.2024 - By Jeremy AuPlay

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Gita Sjahrir, Head of Investment at BNI Ventures, and Jeremy Au discussed three main themes:

1. Prabowo Victory & Jokowi Legacy: Gita underscored Prabowo's dedication to further Jokowi's economic initiatives, notably the ambitious relocation of the capital from Jakarta to Nusantara to stimulate balanced development across the archipelago. A key focus was on mobilizing Gen Z voters, whose significant influence in the election underscores the necessity for clear political messaging tailored for this digitally savvy cohort accustomed to prolific social media engagement.

2. "Golden Indonesia 2045" GDP Vision: The discussion extended to the campaign goal of aiming to position Indonesia as a beacon of economic prosperity, with substantial enhancements in GDP per capita, human capital, and global competitiveness. Gita highlighted this vision as part of a larger ambition to elevate Indonesians' quality of life through superior education and self-fulfillment opportunities.

3. Middle-Income Trap & Societal Challenges: Addressing Indonesia's societal hurdles, including poverty and child stunting, was central to their conversation. Gita and Jeremy emphasized the imperative for growth strategies that not only extricate Indonesia from the middle-income quagmire but also champion equitable progress. The importance of nurturing an informed citizenry was also stressed, to ensure a populace that recognizes its civic responsibilities and the consequential nature of their voting actions.

Jeremy and Gita also talked about the significance of legislative checks and balances, the role of foreign policy in shaping the country’s international relations, Singapore's view of the Indonesia electoral outcome and the importance of comprehensive educational reforms.

Watch, listen or read the full insight at https://www.bravesea.com/blog/golden-indonesia-2045

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