Indonesia’s Tech Firm Adds 29.5 Billion USD, Two Million Jobs To Economy

Indonesia’s Tech Firm Adds 29.5 Billion USD, Two Million Jobs To Economy

JAKARTA, Aug 13 (NNN-ANTARA) – Indonesia’s largest digital firm, PT GoTo Gojek Tokopedia (GoTo), generated 480.72 trillion rupiahs (29.5 billion U.S. dollars) in economic value, last year and created over 2.03 million jobs, a report showed, yesterday.

The study by the Jakarta-based Prasasti Centre for Policy Studies, found GoTo’s direct economic contribution reached 355.33 trillion rupiahs (21.8 billion dollars), with indirect impacts of 125.39 trillion rupiahs (7.7 billion dollars). The company’s activities also helped cut the national poverty rate by 0.45 percentage points.

“GoTo has delivered real social impact by creating jobs, increasing incomes, and expanding financial inclusion for MSMEs and informal workers,” said research director, Gundy Cahyadi. He called for stronger government policies and incentives, to bolster local digital industries, as part of an equitable and sustainable growth strategy.

GoTo, the country’s largest internet technology firm, offers services in mobility, delivery, payments, financial services, and merchant technology solutions.– NNN-ANTARA  

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