Indonesia is faced with a number of important issues in the medium term that require serious attention. In this context, several key issues and opportunities that need to be considered are as follow.
Aging population in developed countries, energy transition challenges, implementation of high sustainability standards at the global level, synchronization of macro and sectoral policies, and the positive impact of downstreaming on the Indonesian economy.
First, population aging in developed countries is an issue that needs attention, especially because the productive age in developed countries is decreasing. Indonesia has the potential to encourage the provision of health tourism for the elderly, taking advantage of this trend by developing an elderly-friendly health tourism sector.
Second, the challenges of the energy transition in Indonesia require serious attention. With the need for a national electricity network capable of distributing electricity supplies to outside the island.
Apart from that, Indonesia also needs to develop renewable energy power plants outside Java to encourage equality. Indonesia has the opportunity to improve its energy infrastructure while promoting the use of renewable energy.
Third, implementing high sustainability standards at the global level is important for Indonesian products to remain able to compete in the global market. By paying attention to the need for environmentally friendly products, Indonesia can increase its competitiveness in the global market while supporting environmental conservation efforts.
Fourth, synchronizing macro and sectoral policies is also an important issue that needs to be addressed. The importance of considering national interests in designing policies, and encouraging better coordination between various government sectors to achieve national goals effectively.
Fifth, the positive impact of downstreaming is starting to be seen on the Indonesian economy. Downstreaming needs to continue to be carried out so that the added value is greater, and Indonesia can exploit this potential to increase economic progress and social welfare.
Overall, facing medium-term challenges requires a holistic approach and cross-sectoral cooperation in Indonesia.
By identifying key issues and opportunities, and taking appropriate strategic steps, Indonesia can overcome these challenges and achieve sustainable and inclusive growth.