"If the value of Indonesia`s economy is accumulated from 2012 to 20 years ahead, it will reach Rp600,000 trillion. With its domestic consumption reaching 60 percent, Indonesia`s domestic market potential is very big," Trade Minister Gita Wirjawan saiTondano, N Sulawesi (ANTARA News) - Indonesia now is the world`s fifteenth biggest economy with a value reaching Rp10,000 trillion in 2012, Trade Minister Gita Wirjawan said.
"If the value of Indonesia`s economy is accumulated from 2012 to 20 years ahead, it will reach Rp600,000 trillion. With its domestic consumption reaching 60 percent, Indonesia`s domestic market potential is very big," the minister said.
The minister made the remarks when giving a general lecture at UNIMA University here on Tuesday. He said that it was Indonesia`s challenge in the future to put its domestic products in the market which was worth Rp360 trillion.
In the current digital era, Indonesia must be built so that its domestic products will be able to compete with foreign goods.
"We should not be outplayed by South Korea which is able to produce smart phones. It should not happen that we could only consume foreign electronic products," he said.
Citing as an example on the importance of innovation, the minister said iPhone production cost was only US$10 or about Rp100,000 but its selling price in Indonesia was more than US$400 or about Rp6.8 million.
Ahead, the minister said, good leaders are leaders who are able to develop Indonesia`s economy, unite plural society and advance democracy so that they are able to improve the welfare of the whole people.
"In the coming 20 years, Indonesia will become the world`s seventh or sixth economy," the minister said.(*)
Editor: Heru Purwanto
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