#Indonesia outlined 2022 development goals to fire up the economy and swing the country towards sustainable growth and urban development #SoutheastAsia #Asean #ESG #Sustainability #hanjun

Indonesia prepares to swing their entire administration onto the path of sustainable urban development and growth, focusing its crosshair on clear development targets as it spurs all organs of state marching towards 2022.

The development plan sets out specific and measureable targets in areas of unemployment rate, economic growth, human development index, poverty index, agriculture exchange rate, greenhouse emission limits, fishermen exchange rate and Gini coefficient, so that everyone is clear of their Key Performance Indicators.

The government would be encouraging the state-owned enterprises and private sector to work cohesively together to solicit/ encourage investments of about USD$420 Million and also to reinvigorate and animate anemic sectors.

Indonesia recognised the importance of sustainable urban development and its link to fostering healthy socioeconomic dynamics therefore set out key ideas to lug the entire administration forward. The country would set out to develop:

  1. Waste Management Plants;
  2. Digital Transformation;
  3. Integrated Port Network;
  4. Education and Skills Reforms;
  5. Health Systems Reforms;
  6. Social Protection Systems;
  7. State Capital Development;
  8. Specific Tourism Spots;
  9. Food Production Centres;
  10. Development of Renewable Energy;
  11. Targeted assistance to Small and Medium enterprises; and
  12. Development of industrial parks of different themes depending on the locations.

The focus moving forward would be to transform the economic structures, gearing it towards higher productivity sectors and improving the productivity of the rest of the sectors, in hope that the country could better manage the Middle Income Trap typically seen in more developed countries.

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