Australian Minister Recognizes Potential in Indonesia’s Startup Ecosystem

Australian Minister Recognizes Potential in Indonesia's Startup Ecosystem (photo: Martin Ollman - Getty Images)

Australian Minister of Industry and Science, Ed Husic, has expressed his belief in the enormous potential of Indonesia’s startup ecosystem and its young population. During his visit to Indonesia on Tuesday (25/7/2023) to follow up on the collaborative agreement between Prime Minister Albanese and President Joko Widodo in the realm of electric vehicle and battery manufacturing, Husic emphasized the strength and growth of Indonesia’s startup community, which is keen on establishing partnerships with Australia.

He also highlighted the significant number of individuals from both Indonesia and Australia actively contributing to the dynamic startup landscape in Indonesia.

The allure of working with startups, as per Husic, lies in their ability to envision and actualize innovative ideas. “They dream of accomplishing something differently, and then they make it happen,” he passionately stated during a meeting at the Australian Ambassador’s residence in Jakarta on Tuesday.

Acknowledging Indonesia’s impressive contributions to the digital economy, Husic praised the numerous companies in the digital and technological sectors, further underscoring Indonesia’s potential in these domains.

Husic also made note of Indonesia’s youthful population, describing it as one of the youngest in the world. With this in mind, he pointed out the opportunity for Australia to collaborate with young talents from both nations to establish startups and foster innovative initiatives, which could serve as a guiding reference for President Jokowi.

Emphasizing Australia’s commitment to Indonesia’s growth, Husic expressed eagerness to tap into Indonesia’s vast market and talent pool, thus fostering mutually beneficial ties between the two nations.

In pursuit of strengthening bilateral relations, Australia is actively engaged in providing training and skill development through trade agreements. Husic believes this approach will be advantageous not only for Indonesia and Australia but also for other countries worldwide, especially from the perspective of digitalization and economic growth.

Husic expressed confidence in the potential of technology, remarking that people should look to their collaborative efforts as a source of great promise and progress.

Furthermore, given Indonesia’s youthful demographic, Husic lauded the country’s ongoing research and scientific endeavors. He believes that Indonesia and Australia can work together in their shared ambition to reduce emissions and create new economic opportunities.

Forging a long-term partnership between Indonesia and Australia, particularly in the face of pressing climate challenges, is a top priority for Husic. He emphasized the importance of innovative thinking and adopting novel approaches to address these pressing issues.

In conclusion, Minister Ed Husic’s visit to Indonesia not only highlights Australia’s interest in Indonesia’s startup ecosystem and young population but also signifies a commitment to collaborate and create a brighter, sustainable future for both nations.