Minister urges faster industrialization to escape middle income trap
Jakarta, Oct. 27 -- Minister of Higher Education, Science, and Technology Brian Yuliarto highlighted the need for Indonesia to accelerate industrial development to tap into the demographic bonus and escape the middle-income trap.
Speaking at the Danantara Technology & Innovation Investment Forum (DTIIF) 2026 in Jakarta on Monday, Brian said the period leading up to 2045 will be a critical window for Indonesia, as the demographic dividend is expected to close around that time.
According to him, one key to escaping the middle-income trap is strengthening industrialization. Thus, he said, Indonesia must stop deindustrialization and boost industrial development.
Brian cited the experiences of South Korea, China, and India, which developed ...
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