In its written statement issued on Wednesday, the Coordinating Ministry of Economic Affairs said Indonesia is listed as the world`s 17th biggest economy, with per capita income reaching around US$3,000 in 2010.
If every thing goes on as planned, Indonesia will belong to a group of high income countries in 2025, the statement said.
Indonesia is rich in a variety of resources which can be turned into the main engine of the national economy, it said.
The statement said Indonesia is in the process of transforming itself from factor-driven economy to efficiency-driven economy.
However, Indonesia`s dream of being one of the world powers will not come true if a wide range of challenges remain unsolved. Among the challenges are a lack of infrastructures, low quality human resources, urbanization and the impact of climate change, it said.
Therefore, in-depth planning is badly needed to benefit from the momentum of joining the world`s emerging market countries, it said.
For its part, the government has drawn up a blue print for accelerated economic transformation which must be supported by a number of breakthroughs in formulating short-, medium-and long-term strategies and policies.
The planning is put in the master plan for acceleration and expansion of Indonesian economic development (MP3EI) covering 22 main economic activities in the country, the statement said.
President Susilo Bambang Yudhoyono is set to launch MP3EI at the Jakarta Convention Center on Friday (May 27). As a follow up to the launch of MP3EI, the government will set up a team to be led by the President to implement it.
During the launch of MP3EI, the President will hold a teleconference with the governors of North Sumatra, West Java, East Nusa Tenggara and Papua provinces. (*)
Editor: Aditia Maruli Radja
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