Indonesia on track for 10% growth by 2029, energy envoy Hashim says
Massive AI-driven economic leap could reshape Southeast Asia's tech landscape...
Deep Dive
Indonesia's climate and energy envoy, Hashim Djojohadikusumo, claims the country is on track for 10% economic growth by 2029, exceeding President Prabowo Subianto's 8% target. He credits the president's 'iron will' in overcoming bureaucratic inertia, highlighting major welfare programs like free meals for 500,000 children from poor families across 500 schools. This projection, made at the SCMP's China Conference, suggests a significant acceleration in national development fueled by strategic investments.
Why It Matters
This rapid growth, driven by tech and infrastructure, positions Indonesia as the next major hub for AI investment and talent in Southeast Asia.