{
    "success": true,
    "data": {
        "id": 1926406,
        "msgid": "core-high-tech-downstreaming-hampered-by-unprepared-ecosystem-1787047087",
        "date": "2026-08-18 16:17:58",
        "title": "CORE: High-tech downstreaming hampered by unprepared ecosystem",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Economy",
        "summary": "CORE Indonesia economist Dipo Satria Ramli argues that the government's plan to expand downstreaming into semiconductors and high-tech manufacturing faces significant hurdles due to an unprepared industrial ecosystem. He stresses that technology investors seek robust supply chains, business certainty, efficient logistics, and legal assurance rather than just tax holidays. Domestic entrepreneurs are also adopting a wait-and-see approach, further complicating investment attraction.",
        "content": "<p>The intention is good, but in reality the contribution of\nmanufacturing to GDP remains low in Indonesia. Technology investors are\nlooking for a good ecosystem, not just tax holidays.<\/p>\n<p>Economist at the Center of Reform on Economics (CORE) Indonesia, Dipo\nSatria Ramli, assesses that the government\u2019s plan to expand\ndownstreaming into the semiconductor sector and high-tech manufacturing\nstill faces challenges because the industrial ecosystem is not yet fully\nready.<\/p>\n<p>According to him, the government currently needs to build an\nindustrial ecosystem that can support high-tech investment.<\/p>\n<p>\u201cThe intention is good, but in reality the contribution of\nmanufacturing to GDP remains low in Indonesia. Technology investors are\nlooking for a good ecosystem, not just tax holidays,\u201d Dipo told ANTARA\nin Jakarta on Tuesday.<\/p>\n<p>As is known, the government has established 8 National Priority Work\nProgrammes (PKPN), which include food sovereignty; energy and water\nself-sufficiency; education; health; downstreaming and\nindustrialisation; infrastructure, housing, and disaster resilience;\nstrengthening the people\u2019s economy and village development; and poverty\nreduction.<\/p>\n<p>One of the agendas is the expansion of downstreaming into the\nsemiconductor, aerospace, and high-tech manufacturing sectors.<\/p>\n<p>Dipo said that investors in the technology sector need a strong\nbusiness ecosystem, including the availability of supply chains,\nbusiness certainty, efficient logistics, and legal certainty.<\/p>\n<p>This is because as long as these factors are not yet ready, Indonesia\nwill face challenges in attracting investment in high-tech sectors.<\/p>\n<p>In addition, domestic entrepreneurs are also considered to still tend\nto wait and see on economic developments before making new\ninvestments.<\/p>\n<p>Therefore, the government is deemed to need to ensure the readiness\nof the industrial ecosystem as a whole, so that the downstreaming agenda\ndoes not stop at providing investment incentives, but is able to\nencourage the formation of high-tech industries domestically.<\/p>\n<p>\u201cAs long as the supply chain, business certainty, logistics, and\nlegal certainty are not ready, it seems difficult to attract investors\nin these sectors. Moreover, many local entrepreneurs are currently in a\nwait-and-see mode,\u201d he said.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/core-high-tech-downstreaming-hampered-by-unprepared-ecosystem-1787047087",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}