#Asia Developing: Indonesia to finalise e-commerce roadmap soon

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Investment restrictions, taxation, anda  national payment gateway will be key issues discussed in a meeting with the President tonight

Minister Rudiantara (left, in suit) sits down with Bukalapak founders during the company's sixth anniversary celebration

Minister Rudiantara (left, in suit) sits down with Bukalapak founders during the company’s sixth anniversary celebration

During the official launch of Bukalapak‘s new head office in South Jakarta today, Indonesia’s Minister of Communications and Informatics Rudiantara stated that the government is set to finalise the long-awaited e-commerce roadmap in a meeting today.

“I will be rushing to another meeting after this [event] … We will [be] holding a meeting, that the President will also attend, and we are going to finalise the e-commerce roadmap,” he said.

He also added that the meeting will also discuss the investment negative list — a list of restrictions on foreign investments in certain industries — the taxation system and national payment gateway. It will also be attended by Coordinating Minister of Economics Darmin Nasution.

Also Read: E-commerce roadmap is 90% ready: Indonesian comms minister

During the Bukalapak event, Minister Rudiantara also laid out Indonesia’s long-term plan to develop its e-commerce industry.

By 2020, the value of e-commerce industry is expected to grow to US$130 billion, and the government aims to groom at least 1,000 technopreneurs by then.

“We aim to grow faster, which means we have to calculate the number of startups and incubators coming in, how many participants are joining in,” he said.

Minister Rudiantara stated that the government needs US$6 million to US$7 million annually in order to produce 800 quality technopreneurs every year, indicating that the government will play a more active role in developing local e-commerce startups.

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The post Developing: Indonesia to finalise e-commerce roadmap soon appeared first on e27.

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