TEMPO.CO, Ambon - Bank Indonesia Governor Agus Martowardjojo said that the maritime sector could provide the needed breakthrough in a bid to boost the economic growth.
"Indonesia's maritime potential was predicted to reach US$1,2 trillion per year," Agus said after a coordination meeting with the government on Monday, May 25, 2015.
However, Agus added, the actual figure was far lower than the prediction as the fisheries sector could only contribute 2.3 percent to the gross national product (GNP).
Amid a declining trend in exports of Indonesia's signature commodities, Agus suggested that the maritime sector could be an alternative to boost a more inclusive economic growth. However, there are two issues that must be addressed, namely connectivity and export process.
Agus revealed that the coordination meeting had resulted in a number of commitments, including an endeavor to distribute loans for the maritime sector.