Indonesia boosts e-commerce development
Indonesian President Joko Widodo has emphasised the country’s potential for developing electronic commerce at a recent cabinet meeting in Jakarta.
Up to 94.3 million of the 250 million population are Internet users and sales through e-commerce in Indonesia reached US$2.6 billion.
President Widodo urged agencies to create favourable conditions for e-commerce development, such as removing restrictions on communications and training human resources to boost the sector.
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According to economists, e-commerce could support 56 million small and medium-sized enterprises, which contribute about 55% to Indonesia’s gross domestic product.
President Widodo believed e-commerce would be a platform for Indonesia to be the leading digital economy in Southeast Asia as the country strives for the total value of e-commerce to reach US$130 billion by 2020.
Indonesia is mapping out a project for e-commerce development, which is part of the new economic policy package covering seven issues such as human resources, finance, tax, consumer protection, cyber security, and logistics communications, with 31 initiatives.
