Jakarta, Aug. 25 -- Developing transmigration areas into new economic hubs is an effective strategy for Indonesia to capture opportunities created by shifts in global supply chains, according to University of Glasgow economist and professor Soner Bakaya.

He believes Indonesia occupies a favorable position due to its strategic trade location, abundant natural resources, and relatively neutral political stance.

"Indonesia's current position is highly favorable, with a relatively neutral political position, strategic trade routes, and important natural resources such as nickel, which are crucial for future industries," Bakaya said in a statement on Tuesday.

Speaking at the Transmigration Executive Dialogue (TED) in Jakarta on Monday, he s...