Indonesia wants more businesses to be digitalised

The country targets 30 million MSMEs to join the digital ecosystem by 2024, saying this will help boost employment.
By: | August 29, 2022

Stakeholders should help ensure the target of bringing 30 million micro, small, and medium enterprises (MSMEs) into the digital ecosystem by 2024, said Luhut Binsar Pandjaitan, Indonesia’s Coordinating Minister for Maritime Affairs and Investment.

As of July 2022, some 11.8 million MSMEs have joined the digital ecosystem under the Proud of Indonesian Products Movement (Gernas BBI) Papua 2022 programme, which was launched in May 2020, reported Antara. Currently, there are 19.8 million MSMEs onboard the digital ecosystem. 

As many as 19 million MSMEs have joined the digital ecosystem, and Indonesia has targeted 30 million MSMEs to join the digital economy by 2024. MEME digitalisation, said Luhut, will help to create jobs, alleviate poverty, and reduce stunting.

“We [will] continue to boost economic digitisation, which has led to the development of two decacorns and nine unicorns in order to empower MSMEs,” he said.

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There are currently 64.2 million MSMEs in Indonesia, which provides employment for 97% of the total workforce and employs around 117 million workers, of which 64.5% are women.