19 Australian Companies to Invest in Indonesia’s Tech Sector

The Jakarta Globe
October 30, 2024 | 2:25 pm
SHARE
Communications Minister Meutya Hafid hosts a meeting with Australian Ambassador to Indonesia Penny Williams in her Jakarta office on Oct. 29, 2024. (Handout Photo)
Communications Minister Meutya Hafid hosts a meeting with Australian Ambassador to Indonesia Penny Williams in her Jakarta office on Oct. 29, 2024. (Handout Photo)

Jakarta. Communications Minister Meutya Hafid recently revealed that Indonesia’s technology sector had secured new investments from 19 Australian companies.

Earlier this week, Meutya hosted a meeting with Australian Ambassador to Indonesia Penny Williams in her Jakarta office. The talks zeroed in on Australia’s upcoming investments, among others.

“Nineteen Australian companies will invest in Indonesia’s technology sector in the near future. This is something incredibly positive which will then boost the digital sector’s role in Indonesia’s economic growth,” Meutya was quoted as saying in a recent press statement.

Meutya, however, did not say the names of the potential Australian investors. The government reported back in May that Australian investments in Indonesia between 2019-2024 had totaled at least $1.96 billion so far. Last year, Australia was Indonesia’s 10th largest source of foreign direct investment as the close neighbor put around $500 million. 

Advertisement

Aside from investment talks, Meutya pushed for a “mutually beneficial” bilateral partnership to beef up cybersecurity. She added: “Both countries should regularly discuss cybersecurity matters, including cyberthreats and responses to harmful cyber activities.”

The meeting also revolved around digital transformation cooperation as the two countries worked towards implementing their 2025-2029 comprehensive strategic partnership action plan. Australia is also open to bolstering its ties with Indonesia.

“We hope that Australia and Indonesia can further continue and strengthen their relations,” Penny told Meutya.

There are a number of existing bilateral cooperation in the communications and digital sector, including Australia's scholarship programs on artificial intelligence, cybersecurity training, among others. Some Australian companies have also visited Indonesia.

Tags: Keywords:
SHARE

Related Articles


News May 16, 2025 | 2:37 pm

Australia to Back Malaria Drug Trial for Indonesian Military

Australia will provide A$3.5 million ($2.2 million) for the anti-malaria drug clinical trial for the Indonesian military.
Tech May 15, 2025 | 6:07 pm

Indonesia Reinforces 3-SIM Limit Amid Growing Spam Call Complaints

A study found that Indonesians received an average of 10 spam calls per month in the first half of 2024.
Business May 15, 2025 | 2:49 pm

Australia’s Albanese Wants Indonesia in CPTPP and OECD

Australia currently assumes rotating chairmanship at the Trans-Pacific trading club CPTPP.
Tech May 7, 2025 | 9:52 am

Indonesia Warns Worldcoin of Permanent Closure If It Skips Summons

The government had suspended the activities of Terang Bulan Abadi, the company representing Worldcoin in Indonesia
Tech Feb 2, 2025 | 4:12 pm

Government to Introduce Law on Child Protection in Cyberspace

President Prabowo Subianto has instructed the team to expedite the process in two months.
Tech Jan 31, 2025 | 7:11 am

From OpenAI to DeepSeek: Indonesia Drafts Regulation on AI

Indonesia is drafting a regulation on the use of artificial intelligence or AI as the new technology's popularity continues to grow.
Tech Jan 30, 2025 | 10:54 pm

Indonesia Must Embrace AI to Accelerate Digital Transformation: Meutya

Indonesia's online retail sector is expanding rapidly, with gross merchandise value (GMV) reaching $90 billion last year.
News Jan 30, 2025 | 1:05 pm

Prabowo's Government Blocks Over 882,000 Online Gambling Links in First 100 Days

The Indonesian government blocks over 882,000 online gambling-related contents in its first 100 days
News Jan 20, 2025 | 1:56 pm

Expert Stresses Importance of Digital Literacy for Children

Effective digital literacy, he argued, helps foster responsible and selective digital users who can critically evaluate online content.
Tech Jan 15, 2025 | 4:56 pm

Government Monitors Treasure Hunt Game Koin Jagat Amid Public Concerns

Koin Jagat encourages players to search for coins hidden in public spaces such as parks and buildings and offers financial rewards.

The Latest


Business 2 hours ago

Indonesia Prepares New Poverty Line Formula to Align with Global Standards

In April, the World Bank’s Macro Poverty Outlook reported that 60.3 percent of Indonesians lived below the poverty line in 2024.
News 4 hours ago

Jakarta's Air Quality Deemed Unhealthy, Ranks as Second Most Polluted City Globally This Morning

The IQAir website ranked Jakarta as the second most polluted city in the world around 5:42 a.m., on Friday.
News 5 hours ago

Indonesia Condemns Israel’s Attack on Iran, Warns of Broader Conflict

Indonesia sharply criticizes Israel’s major attack on the Iranian capital of Tehran on early Friday.
News 5 hours ago

Iranian State TV Confirms Head of Revolutionary Guard Hossein Salami Killed in Israeli Attack

Iran’s state-run IRNA news agency is quoting an anonymous official saying Iran will offer a “decisive” response to Israel’s attack.
News 5 hours ago

Indonesia Seeks Faster Repatriation of Hajj Pilgrims via Additional Flights

A large-scale repatriation operation is currently underway and is expected to continue until next month.
COPYRIGHT © 2025 JAKARTA GLOBE. ALL RIGHTS RESERVED