English | 简体中文 | 繁體中文 | 한국어 | 日本語
Monday, 19 September 2022, 18:00 HKT/SGT
Share:
        

Source: G20 Digital Innovative Network / Indonesian Ministry of Communications and Informatics (KOMINFO)
G20 Digital Innovation Network (DIN): Catalyst for Digital Economy Growth in Indonesia

Nusa Dua, Bali, Sept 19, 2022 - (ACN Newswire) - The G20 Digital Innovation Network (DIN) meeting is able to be a catalyst to expedite the digital economy sector development in Indonesia, said Minister Johnny G Plate, Indonesian Ministry of Communication and Informatics (KOMINFO). The event aims to bring together start-ups, venture capital companies, policy makers, as well as leading global technology enterprises, including Google.

Minister of Communication and Information Johnny G. Plate delivered his remarks at the opening of the G20 Digital Innovation Network (DIN) forum in Nusa Dua, Badung, Bali, Saturday (September 3, 2022). (ANTARAFOTO/Aditya Pradana Putra/rwa.)

"We believe that the DIN event is an important catalyst for the growth of the digital economy by strengthening collaboration among start-ups, venture capital companies, as well as national and international corporations," the minister said in his opening remarks at the inauguration of G20 DIN, a High-level Side Event of the 2022 G20 Digital Economy Working Group (DEWG), in Nusa Dua, Bali.

Before the G20 ministers and international organization representatives present, Plate noted the development of the digital economy in Indonesia shows a positive trend. "In 2021, the value of the digital economy in Indonesia reached US$70 billion and it will increase to US$315,5 billion in 2030. This potential is Indonesia's future economy (strength) which is supported by various well-performed start-ups," he said.

Plate said that currently, Indonesia has two decacorn start-ups, or companies whose valuations have reached US$10 billion, and more than 10 unicorn start-ups, which have valuations of at least US$1 billion. Plate believes that start-ups play an important role in determining the development of the digital economy sector, both at the domestic and regional levels.

"I trust the G20 DIN (organizing committee) to carry out this series of meetings and discussions which are expected to encourage various collaborations on digital innovations," Plate stated.

The G20 DIN meeting was held in the Bali International Convention Centre (BICC) in Badung District from September 2 to 4, 2022. More than 400 participants attended the event in person, while another 200 participated in the event virtually.

Chairperson of 2022 G20 DIN, Sonny Hendra Sudaryana, said at a press conference after the inauguration that the implementation of 2022 G20 DIN would focus on five priority sectors: education technology, financial inclusion, healthcare, supply chain, as well as green and renewable energy.

2022 DIN Start-Up Awards Winners:
1. Healthcare -- UCARE.AI, Singapore / Neurobots, Brazil
2. Supply Chain -- MOOVA, Argentina / Sinbad, Indonesia
3. Green & Renewable Energy -- Xurya, Indonesia / Uali, Argentina
4. Edutech -- Edubuk, India / Accredify, Singapore
5. Financial Inclusivity -- WireBarley, South Korea / Lendo, Saudi Arabia

Favourite Start-Up Winners:
1. Healthcare -- NUSANTIC, Indonesia / Qapsula, Russia
2. Supply Chain -- Eunimart, India / FairSupply, Australia
3. Green & Renewable Energy -- EINHUNDERT Energie GmbH, Germany / MVL Labs, South Korea
4. Edutech -- Cakap, Indonesia / Sarente Gameon, Turkey
5. Financial Inclusivity -- Komunal, Indonesia / Lendo, Saudi Arabia

G20 Digital Innovation Network: https://g20innovationnetwork.org
Source: DIN, Indonesian Ministry of Communication and Informatics (KOMINFO).

Topic: Press release summary
Source: G20 Digital Innovative Network / Indonesian Ministry of Communications and Informatics (KOMINFO)

Sectors: ASEAN, Startups
https://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2025 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.

 

Latest Press Releases
Hola Prime Launches Performance Coaching Initiative to Tackle the #1 Barrier to Trader Success: The Mind  
May 30, 2025 19:00 HKT/SGT
Mitsubishi Corporation Establishes New Corporate Venture Capital Company  
Friday, May 30, 2025 5:36:00 PM
The PropertyGuru Asia Property Awards (Middle East) return for 2025 edition with inaugural Dubai launch  
May 30, 2025 14:00 HKT/SGT
Honda to Co-develop Refueling Port Connecting System for On-orbit Satellite Refueling with Astroscale  
Friday, May 30, 2025 10:54:00 AM
IFS and NEC Strengthen their Strategic Partnership to Create New Value  
Friday, May 30, 2025 9:11:00 AM
Genetec maintains profitability in Q3FY2025 on higher revenue  
May 29, 2025 20:00 HKT/SGT
Naoris Protocol Raises $3M in Strategic Round Led by Mason Labs  
May 29, 2025 19:00 HKT/SGT
MODONG Coffee Proudly Sponsors "G-DRAGON 2025 WORLD TOUR [Ubermensch] IN TAIPEI, presented by KGI FINANCIAL GROUP" as Official Sponsor  
May 29, 2025 18:19 HKT/SGT
Mazda Production and Sales Results for April 2025  
Thursday, May 29, 2025 5:44:00 PM
Euro Manganese Closes C$11.2 million (A$12.3 million) Financing  
May 29, 2025 16:09 HKT/SGT
More Press release >>
 Events:
More events >>
Copyright © 2025 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Cookies Policy | Privacy Policy | Disclaimer | Terms of Use | RSS
US: +1 214 890 4418 | China: +86 181 2376 3721 | Hong Kong: +852 8192 4922 | Singapore: +65 6549 7068 | Tokyo: +81 3 6859 8575