Indonesian Political, Business & Finance News

Supporting Prabowo's Ambition, Kadin Says Indonesia is on the Right Track to Join OECD

| | Source: INVESTORTRUST.ID Translated from Indonesian | Economy
Supporting Prabowo's Ambition, Kadin Says Indonesia is on the Right Track to Join OECD
Image: INVESTORTRUST.ID

JAKARTA - The General Chairman of the Indonesian Chamber of Commerce and Industry (Kadin), Anindya Novyan Bakrie, has emphasised the business community’s commitment to supporting the Indonesian government’s ambition to become a member of the Organisation for Economic Co-operation and Development (OECD). This step is regarded as strategic amid global geopolitical dynamics to ensure that national economic growth remains on the right track.

According to Anindya, the effort to join this “club of advanced countries” is part of a grand vision to achieve the 8% economic growth target set by President Prabowo Subianto. He stressed that OECD accession is a key to ushering in the Golden Indonesia 2045 era.

“Today is a very good day, amid much dynamism in the Middle East and wars, we see that Indonesia’s ambition to become an OECD member remains strong. Earlier, the Coordinating Minister was also present to state that Indonesia is on the right track,” said Anindya when met at the Indonesia OECD Accession and Private Sector Implication event at the Gran Melia Hotel, Jakarta, on Tuesday (21/4/2026).

International support for Indonesia’s steps continues to flow, including from the Government of the United Kingdom. Anindya appreciated the presence of the British Ambassador to Indonesia and Timor-Leste, Dominic Jermey, who openly expressed his support for the private sector’s role in this accession process.

Anindya explained that this collaboration was actually initiated several months ago. He recalled how this strategic cooperation began to take shape in London, involving global consultants to formulate technical steps for the business world.

“So I thank the Ambassador for his support. I remember three months ago in London it started with support through a company called BCG, Boston Consulting Group, as a consultant, but essentially how the business world and government, assisted by friends from other countries like the UK, can make Indonesia an advanced country and escape the middle-income trap,” he continued.

Kadin’s involvement in this process is described as a collective representation of all business actors in the country. Anindya assured that the spirit to bring Indonesia out of the middle-income trap has spread to the regional level.

“And finally, what I conveyed is that Kadin had many friends present, of course Mr Erwin Aksa is here, but also friends from provincial Kadin. So saying that the effort to become an OECD member or an advanced country is not just a government effort, not just the business world in Indonesia, but for the entire nation, and we are helped by friends who believe that an advanced Indonesia can bring growth to the world,” Anindya emphasised.

On the other hand, the British Ambassador to Indonesia and Timor-Leste, Dominic Jermey, welcomed this vision. He linked this cooperation to the high-level meeting between President Prabowo and British Prime Minister Keir Starmer, who had agreed on a strategic partnership in the economic field.

“Thank you very much. When President Prabowo met Prime Minister Starmer in the UK in January and launched a strategic partnership with the UK for Indonesia, part of that was about economic growth. And part of economic growth in Indonesia is about improving regulations, involving the private sector from both our countries, and OECD accession is a very important element of that vision,” Jermey stated.

Based on the UK’s experience, Jermey explained that OECD membership has proven capable of improving the investment climate through more certain regulations. It is this legal and regulatory certainty that is greatly needed by global business actors to invest their capital.

“For the United Kingdom, membership in the OECD has grown the economy, increased investment, and enhanced regulatory certainty, which the business world likes. Therefore, we are very pleased to partner with Kadin, as you heard from the chairman today, and to partner with the Coordinating Ministry in supporting Indonesia’s OECD membership. That will be good for business in Indonesia and will be good for the world economy, and it also means good for business with the United Kingdom,” he concluded.

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