Indonesia's Maritime Economic Potential, Reaching More than Rp20,000 T
Indonesia’s maritime economic potential is spread across 5 sectors, with fisheries being the main contributor with a total potential of US$787 billion per year.
As the largest archipelago in the world with more than 17,000 islands, Indonesia’s maritime economic potential is massive. Indonesia has a sea area of around 5.8 million square kilometers (km) and is blessed with a long coastline. With most of its territory in the form of oceans and waters, Indonesia’s maritime economic potential cannot be underestimated.
Maritime Observer Capt. Marcellus Hakeng Jayawibawa, said that Indonesia’s maritime economic potential even reached US$1,338 billion per year, equivalent to Rp20,000 trillion (assuming an exchange rate of Rp15,500 per USD).
According to him, Indonesia’s maritime economic potential is spread across several main sectors, ranging from fisheries, tourism, mining, energy, to sea transportation.
Indonesia’s maritime economic potential is spread across 5 sectors, fisheries being the main contributor | GoodStats
The maritime sector with the largest economic potential is the fisheries sector, its economic potential reaches US$787 billion per year. The tourism sector follows in second place with an economic potential of US$283 billion per year.
The third rank is held by the mining sector whose economic potential reaches US$225 billion, followed by the energy sector (US$86 billion), and finally the marine transportation sector (US$20 billion).
Not only economically, Indonesia’s maritime potential can also be felt from the employment sector. Capt. Marcellus explained that Indonesia’s maritime potential could create more than 45 million new jobs, emphasizing the blue economy concept as a solution to the country’s economic challenges.
“Increased investment and focus on key sectors of the maritime economy can be the answer to the various economic problems faced by Indonesia, having a positive impact not only on employment, but also on overall economic growth,”.
Source: https://goodstats.id/