{
    "success": true,
    "data": {
        "id": 2026464,
        "msgid": "luhut-indonesia-will-not-collapse-1791435135",
        "date": "2026-10-08 09:22:37",
        "title": "Luhut: Indonesia Will Not Collapse",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Economy",
        "summary": "Luhut Binsar Pandjaitan, head of the National Economic Council (DEN), insisted that Indonesia's economic fundamentals remain sound despite global uncertainty and urged domestic and foreign investors not to hesitate. He said the government is shifting its investment approach from technology transfer towards joint innovation and local human capital development, citing nickel, battery and electric vehicle sectors as examples. The remarks signal a policy push to deepen industrial capacity, though the government will need to show consistent policy and simpler bureaucracy to deliver on that promise.",
        "content": "<p>Head of the National Economic Council (DEN) Luhut Binsar Pandjaitan\nhas affirmed that Indonesia\u2019s economic fundamentals remain solid amid\nglobal uncertainty. He urged domestic and international investors not to\nhesitate to invest in the country, as the government continues to\nstrengthen industry, governance and human resources (SDM).<\/p>\n<p>\u201cMy message to investors is very clear and simple: do not hesitate to\ninvest in this country \u2026 Our economic fundamentals remain healthy and\nour long-term prospects are very strong. Indonesia will not collapse,\u201d\nsaid Luhut at the Indonesia International Sustainability Forum 2026,\nquoted on Thursday (8\/10\/2026).<\/p>\n<p>He acknowledged that Indonesia still faces a number of internal\nchallenges. However, the government is continuing to work on resolving\nthese issues while strengthening the foundations of the national\neconomy.<\/p>\n<p>Luhut said the direction of Indonesia\u2019s investment cooperation is now\nchanging. The government no longer seeks only technology transfer, but\nis pushing for joint innovation and the improvement of local human\nresource capabilities.<\/p>\n<p>Promoting Joint Innovation<\/p>\n<p>Luhut said this shift in approach is important for building national\nindustrial capacity over the long term. One example can be seen in the\nnickel, battery and electric vehicle (EV) sectors.<\/p>\n<p>He encouraged international partners to build joint laboratories,\ntrain Indonesian engineers, and give real-world problems to young\nresearchers to find solutions.<\/p>\n<p>In his view, young Indonesian engineers need to be directly involved\nin research and technology development activities with international\npartners.<\/p>\n<p>Luhut added that early-stage research requires patient funding.\nPromising technologies also need to be tested through pilot projects\nbefore being developed on a larger scale.<\/p>\n<p>Successful pilot projects, he continued, require additional\ninvestment so they can be expanded and deliver greater economic\nimpact.<\/p>\n<p>To sustain Indonesia\u2019s investment, Luhut said the government will\nmaintain policy consistency and simplify bureaucratic procedures. In\nthis way, each investment commitment is expected to be realised as a\nconcrete project at home.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/luhut-indonesia-will-not-collapse-1791435135",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}