Indonesia's Gaming Industry Potential Exceeds Rp28.6 Tn: Govt

27 September 2021 18:36 WIB

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan. ANTARA/Irwansyah Putra

TEMPO.CO, JakartaCoordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan talked about the enormous potential value of the gaming industry in Indonesia.

“The potential value of the gaming industry in Indonesia is huge and reaches two billion dollars (Rp28.6 trillion with an assumed exchange rate of Rp14,300 per US dollar),” said Luhut at the 2021 National Coordination Meeting for Tourism and Creative Economy, Monday, September 27.

He thus called for increased support for the industry to allow them to contribute more [to the nation], particularly to spur the growth of local game products in the country. “I hope Indonesian children can create innovations in this gaming industry,” Luhut said.

The Indonesian government kicked off the Gerakan Bangga Buatan Indonesia or Proud of Indonesian Products Movement last week. The movement had created various collaborative programs in order to boost the people’s economy. As of July 2021, Luhut informed that more than 15 million Indonesian artisan MSMEs have entered e-commerce.

Based on the research results from the German statistical company, Statista, Indonesia’s online gaming industry revenue reached US$1.29 billion in 2020 and was expected to hit US$1.49 billion in 2021.

Indonesian Gaming Association chairman Cipto Adiguno also stated in January 2021 that the gaming industry grew nine percent last year in line with the advancing technology and the expansion of the internet network. “The biggest growth was evident in mobile games or applications, which grew by above 15 percent,” said Cipto.

Read: Industry Ministry Seeks to Build Gaming Industry Ecosystem

CAESAR AKBAR | KORAN TEMPO



BKPM Head Appreciates GoTo for Promoting Local MSME at WEF Davos 2023

1 hari lalu

BKPM Head Appreciates GoTo for Promoting Local MSME at WEF Davos 2023

A Yogyakarta-based coffee brand is present at the Indonesia Pavilion as one of GoTo's business partners to introduce local brands to the global stage.


Luhut Says Rules on Incentives for Electric Vehicle Purchase to Be Issued in February

7 hari lalu

Luhut Says Rules on Incentives for Electric Vehicle Purchase to Be Issued in February

Regulations on incentives for the purchase of electric vehicles or EVs will be issued in early February 2023, said Coordinating Minister Luhut.


Kadin Inaugurates Indonesia Trading House in Switzerland; First in Europe

7 hari lalu

Kadin Inaugurates Indonesia Trading House in Switzerland; First in Europe

Kadin in tandem with Pasar Indonesia AG inaugurated Indonesia Trading House which is aimed at increasing the supply of Indonesian products to Europe.


Tourism Ministry Collaborates with Traveloka to Develop Sector

8 hari lalu

Tourism Ministry Collaborates with Traveloka to Develop Sector

The Ministry of Tourism and Creative Economy holds another collaboration with Traveloka to develop and strengthen the tourism and creative economy.


Sandiaga Uno Encourages MSMEs to Develop and Become Corporations

11 hari lalu

Sandiaga Uno Encourages MSMEs to Develop and Become Corporations

Sandiaga Uno encourages micro, small, and medium enterprises (MSMEs) to develop their business to become established corporations with legal status.


Sandiaga Uno Deems Political Years Help Tourism Growth

15 hari lalu

Sandiaga Uno Deems Political Years Help Tourism Growth

Indonesia's Tourism and Creative Economy Minister Sandiaga Uno says a political year, including 2023, has the potential to help tourism growth.


Indonesia Allots Rp1,200tn Budget for Digitalization

16 hari lalu

Indonesia Allots Rp1,200tn Budget for Digitalization

Minister Luhut Binsar Pandjaitan says the government has budgeted Rp1,200 trillion for digitalization services.


Luhut Optimistic Indonesia to Be Third-largest EV Battery Producer by 2027

16 hari lalu

Luhut Optimistic Indonesia to Be Third-largest EV Battery Producer by 2027

Coordinating Minister Luhut shares optimism that Indonesia will become one of the top three producers of EV battery in the world by 2027.


Elon Musk Comments on Tesla's Investment in Indonesia

20 hari lalu

Elon Musk Comments on Tesla's Investment in Indonesia

Tesla is reportedly back in negotiations with the Government of Indonesia to build a factory in Indonesia.


Discussion with Tesla Advances Next Week, Luhut Pandjaitan Claims

20 hari lalu

Discussion with Tesla Advances Next Week, Luhut Pandjaitan Claims

Minister Luhut Binsar Pandjaitan claimed that he is set to meet Tesla representatives to discuss "future plans" next week.