Global geopolitical circumstances are increasingly unstable. Tensions\nin the Middle East, including the Israeli-Iranian conflict, have the\npotential to disrupt global energy supplies, international trade routes,\nand economic stability. In such conditions, a strong nation is not\nmerely one rich in natural resources, but one possessing an independent\nnational production base capable of competing in world trade.<\/p>\n
Indonesia possesses strategic opportunities to strengthen its\nposition as a major economic power in the Indo-Pacific region. However,\nthis requires accelerating economic transformation from a raw materials\nexporter to a producer of high-value-added goods.<\/p>\n
In this context, the thinking of Professor Soemitro Djojohadikusumo\nregarding national economic integration, which may be understood as the\nconcept of Indonesia Incorporated, becomes relevant once more. The state\nmust be able to integrate the strength of national production, domestic\nmarkets, and global trade expansion.<\/p>\n
Indonesia\u2019s Strategic Advantages<\/p>\n
Indonesia possesses a combination of strengths rarely held by other\nnations: strategic world mineral reserves (nickel, bauxite, copper,\ntin), tropical agriculture strength (palm oil, cocoa, coffee, spices),\nthe world\u2019s largest maritime potential, and a large domestic market of\nmore than 280 million people.<\/p>\n
If managed through national industrialisation, these strengths can\nestablish Indonesia as a centre of strategic production in the\nIndo-Pacific region.<\/p>\n
Five Priority Policy Directions<\/p>\n
Accelerating downstream processing of national minerals to build\nfuture industries: nickel for electric vehicle batteries, bauxite for\nindustrial aluminium, and copper for energy and electronics components.\nIndonesia must become the basis for the world\u2019s future energy\nindustry.<\/p>\n
Strengthening the domestic market through: expansion of sea toll\ncorridors, development of national hub ports, reduction of national\nlogistics costs, and integration of domestic markets to serve as the\nfoundation for national industrialisation.<\/p>\n
Increasing value-added from tropical commodities: palm oil into\noleochemicals and biofuel, seaweed for pharmaceuticals and\nbiotechnology, and fisheries for global marine protein. Indonesia has\nthe potential to become a force in tropical food globally.<\/p>\n
Reducing dependence on energy imports through: palm oil-based\nbiofuels, geothermal development, and building strategic energy\nreserves. This step is important to address global geopolitical\nuncertainty.<\/p>\n
Expanding markets for national industry exports through: trade\ndiplomacy and opening new markets in Africa, South Asia, and the Middle\nEast.<\/p>\n
Strategic Conclusion<\/p>\n
Indonesia possesses all the prerequisites to become a great economic\npower in the world: vast natural resources, a large domestic market, and\na strategic geopolitical position. By integrating these strengths\nthrough an Indonesia Incorporated strategy, Indonesia can build an\neconomy that is nationally independent, resilient in facing global\ncrises, and competitive in world trade.<\/p>\n
This transformation is not merely a choice of economic policy, but a\nstrategic imperative for Indonesia\u2019s future.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/indonesia-incorporated-in-global-economic-geopolitics-1773590148", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }