Indonesia’s average economic growth is forecasted to be an annual rate 5.5% during the period of 2018 to 2020. In 2018, the government launched an industry 4.0 roadmap – Making Indonesia 4.0. Key industries include food and beverage, automotive, electronics, chemicals, textile and garment.

As part of the economic masterplan, Indonesia is working towards Southeast Asia’s largest digital economy through the 2020 Go Digital Vision. Indonesia’s digital economy is expected to contribute US$130 billion to its economy in 2020. Currently, there is an ongoing Palapa Ring Project to implement 36,000km of optic network. It will increase high speed internet connectivity throughout the country, especially in rural areas.

In the 25th edition of Asia IoT Business Platform Indonesia, the Ministry of Communication and Information Technology (MCIT) launched the IoT Roadmap Draft, with a focus on connectivity. Other government support include the Venture Capital Policy which provides incentives to finance tech startups. The policy seeks to emulate the accelerator and incubator concept of Silicon Valley.

In partnership with Asia IoT Business Platform, OCF members and partners are entitled to 20% discount by using “OCF20” for delegate registration. For more information on the conference and participation, visit http://bit.ly/2XGQKmI or contact [email protected].