President Prabowo Subianto met with 22 business leaders from the Indonesian Employers Association (Apindo) on Monday, February 9, 2026, to discuss strengthening the Indonesian economy through increased collaboration between the public and private sectors.
Indonesia Incorporated: A Recent Vision for Economic Growth
State Secretary Prasetyo Hadi stated the meeting, held at Padepokan Garudayaksa in Hambalang, Bogor, covered a range of topics focused on economic development. The President, according to Prasetyo, consistently seeks input from all parties and welcomed the opportunity to discuss matters with business leaders.
A key outcome of the meeting was agreement on the concept of “Indonesia Incorporated,” which emphasizes the importance of a strong private sector supported by government collaboration. Prasetyo explained that economic growth is fundamentally linked to the success of private sector entrepreneurs.
Discussions likewise centered on enhancing Indonesia’s global competitiveness, particularly in labor-intensive industries like textiles, garments, and footwear. Prasetyo noted the need to shift focus from relying solely on the domestic market to competing on a global scale, acknowledging that neighboring countries are currently capturing market share.
Focus on Job Creation and Strategic Sectors
President Prabowo stressed that industrial development must benefit the public by creating employment opportunities and strengthening national self-reliance. He encouraged entrepreneurs to prioritize job creation, particularly within the “real sector” of the economy.
Specific industries highlighted for expansion included textiles, garments, footwear, furniture, food and beverages, fisheries, livestock, and micro, compact, and medium enterprises (MSMEs). The 22 business leaders in attendance – including Sofjan Wanandi, Sudamek, and Haryanto Adikoesoemo – expressed their commitment to supporting the President’s vision.
The business leaders also voiced support for initiatives aimed at alleviating poverty through improved nutrition and quality education for Indonesian children, alongside continued industrialization efforts.
Frequently Asked Questions
What was the primary focus of the meeting between President Prabowo and Apindo leaders?
The primary focus was to discuss collaboration between the government and private sector to strengthen the Indonesian economy and create employment opportunities.
What is the “Indonesia Incorporated” concept?
“Indonesia Incorporated” is a concept agreed upon during the meeting, emphasizing the importance of a strong private sector supported and encouraged by the government to drive economic growth.
Which industries were specifically highlighted for expansion?
Textile-related industries such as garments, footwear, and furniture, as well as food and beverages, fisheries, livestock, and micro, small, and medium enterprises (MSMEs) were specifically highlighted for expansion.
As the government and business leaders move forward with this collaborative vision, will Indonesia be able to effectively compete in the global market and deliver tangible benefits to its citizens?
