E-Commerce Roadmap to Include 31 Initiatives, ICT Minister Says
The Indonesian government will launch a long-awaited road map at the end of this month in a bid to nurture e-commerce business in the country and keep pace with the high growth of online trade, a minister said.
Communication and Information Minister Rudiantara said the government has prepared initiatives to be included in the e-commerce roadmap.
"One of [the initiatives] is for funding. There are many forms of funding, including funding for startups and for established companies. Therefore, we are also discussing the negative investment list in the context of the e-commerce roadmap, and a national payment gateway,” Rudiantara said.
According to the minister, Indonesia's e-commerce industry is expected to rake in up to $130 billion in 2020 while bridging geographical distances and creating more jobs.
Ismail Cawidu, the Communication and Information Ministry's head of information and public relations, said in a statement that the 31 initiatives will involve partnerships with other ministries and government institutions. They will be coordinated by a newly established program management unit.
These initiatives will address issues in funding, taxes, consumer protection, communication infrastructure, logistics, education and human resources.
Ismail did not provide details on the road map, but he did give five basic principles to conduct e-commerce in the country. These principles cover the right for all Indonesian citizens to have the skill set and the right to access and conduct e-commerce related transactions.
"Employment termination should be minimized during the transition process to the Internet-based economy. There should be more employment after creative destruction [economic disruption]," he said.
The principles also cover the implementation of a legal framework and protection for local small and medium enterprises.