Tuesday, 18 June 2019 | 14:10 WIB

President Joko Widodo: Time for Indonesian Startups to Rise to Global Stage

President Joko Widodo: Time for Indonesian Startups to Rise to Global Stage (special)

JAKARTA, NETRALNEWS.COM -- Indonesia President Joko Widodo has congratulated Gojek, who according to CB Insight, has become the first decacorn in Indonesia with a valuation of more than US $10 billion.

"Indeed, the digital economy in the future is very hopeful for our economic growth. We know that in 2018 the digital economy pie chart reaches $27 billion, "said the President during a gathering with Mitra Juara Gojek, in Ancol, Jakarta, on Friday (04/12/2019).

Furthermore, the President said that digital economy creates opportunities for micro, small and medium enterprises (MSME) in Indonesia to develop, and this is connected between the offline ecosystem and the online ecosystem.

"We see, for example, Gojek. Gojek would be unable to achieve what it has achieved today without the support of millions of MSME partners, partners, drivers, and the millions of workers behind the production of MSME businesses that we have," said the President.

For another example, the President continued, more than 5,000 traditional food stalls and joints are now connected through Wahyoo.com's digital platform to order food ingredents every day, training, and accesing capital.

"Halosis has also assisted more than 3000 of our MSMEs, micro-businesses, small businesses, and medium-sized businesses, which are mostly housewives who sell online by providing virtual assistants supported by digital technology, and artificial intelligence technology," he said.

The Head of State also gave examples of woven crafts produced by thousands of women in Eastern Indonesia, East Nusa Tenggara which are marketed through Du'Anyam to America, Denmark, and Belgium by utilizing Web and Mobile technology.

All this, the President continued, is evidence that digital technology creates many benefits for the wider community. Therefore, the President reminded the public not to be shackled by old technologies.

"Wahyoo, Helosis, and Du'Anyam are examples of young people who work hard and collaborate on digital technology and creativity so as to produce business valuations that are worth tens of billions of rupiah," said the President.

This, according to the President, is the time for Indonesian startups to raise their skills to the regional and global level, as what Gojek has done.