William Heinrich Proposes HIPMI 8% Concept: Strategic Effort to Realise President's Vision

Prospective general chairman of BPP HIPMI, William Heinrich, has offered the strategic concept of ‘HIPMI 8%’ as a concrete contribution to accelerating national economic growth. The idea was presented at a press conference held in SCBD, South Jakarta, as a form of support for the economic policy direction currently being implemented by Prabowo Subianto. In his presentation, William stressed that the 8% economic growth target is not merely rhetoric but a fundamental need for Indonesia to escape the middle-income trap. He assessed that the demographic bonus momentum must be utilised through strategic steps involving all elements, including young entrepreneurs as drivers of the real sector. According to him, the limited fiscal space of the state is a strong reason why the government cannot work alone. Therefore, HIPMI must take a more active role as an engine of economic growth. He emphasised that this organisation needs to transform into a productive force capable of creating added value, rather than merely relying on government projects. William also highlighted the issue of national economic efficiency, which remains a challenge. The high ICOR ratio indicates that capital utilisation is not yet optimal. For this reason, HIPMI will act as an agent to reduce ICOR through increasing Total Factor Productivity (TFP), by promoting business digitalisation, technology utilisation, and supply chain efficiency. With this approach, investments are expected to produce greater and more sustainable output. On the other hand, he also offers solutions to strengthen state revenues. In a government condition that maintains people’s purchasing power, including by keeping the VAT rate at 11%, William sees the importance of expanding the tax base through the creation of formal employment. HIPMI will be focused as a forum for developing young entrepreneurs who can grow and provide real contributions to state revenues. As a form of commitment, William targets the emergence of 10,000 new productive entrepreneurs who can survive, generate profits, and absorb local labour. He also plans to reform the organisation’s performance indicators by emphasising real economic impacts, rather than mere ceremonial activities. If this strategy runs optimally, the contribution of HIPMI members is projected to generate additional economic output of up to Rp20 trillion in the domestic market.