exellent crabgood crabVietnamese crab exporterdouble-skinned crabs

Nusantara Ring Project to Drive Economic Growth: Airlangga

Ichsan Amin
January 25, 2024 | 9:55 am
SHARE
Chief Economic Affairs Minister Airlangga Hartarto speaks at the Investor Daily Roundtable forum in Cirebon on January 24, 2024. (B1 Photo/Ichsan Amin)
Chief Economic Affairs Minister Airlangga Hartarto speaks at the Investor Daily Roundtable forum in Cirebon on January 24, 2024. (B1 Photo/Ichsan Amin)

Jakarta. The so-called “Nusantara Ring” corridor project is expected to become the new engine of Indonesia’s economic growth, according to senior minister Airlangga Hartarto.

The Nusantara Ring encompasses the northern Java, southern Sumatra, the southern Sulawesi, and East Kalimantan. Each of these regions plays a vital role in the economy. 

Northern Java is home to some major industrial estates spread across Bekasi, Karawang, Purwakarta, Patimban, Tegal, Batang, Semarang, Kendal, Tuban, and Gresik. The existing toll roads in the region also help improve logistics. The southern parts of Sumatra and Sulawesi are witnessing fast economic growth. East Kalimantan is home to Indonesia’s future capital Nusantara.

“If we connect all those economic corridors, we will be able to create the Nusantara Ring. The Java Sea, which is not deep and has smaller waves, helps connect the logistics in the Nusantara Ring,” Airlangga said at the Investor Daily Roundtable in Cirebon on Wednesday evening.

ADVERTISEMENT
Nusantara Ring Project to Drive Economic Growth: Airlangga
Chief Economic Minister Airlangga Hartarto, left, and B-Universe Media Holdings Executive Chairman Enggartiasto Lukita share the stage at the Investor Daily Roundtable forum in Cirebon on January 24, 2024. (B1 Photo/Ichsan Amin)

The Nusantara Ring will play a strategic role in building Indonesia’s food security as the government plans to continue with the food estate program in Central Kalimantan. According to Airlangga, the food estate already produces crops, and plans are underway to improve irrigation and implement agricultural intensification. There are also plans to implement modern farming.

“There are gaps that we have to address to make Nusantara ring the next driver of economic growth. This region can also be a hub to spur eastern Indonesia’s growth,” Airlangga said.

Making sure that all these economic corridors are pivotal to creating this Nusantara Ring.

Airlangga said the Patimban Port in Subang would complement the existing ports in Tanjung Priok, Tanjung Mas, and Tanjung Perak. The Patimban Port is also expected to cut logistic costs by 10 percent. West Java, Central Java, and East Java are now connected via toll roads. The Java Sea, which links Kalimantan and Java. This makes the immersed tunnel a strategic project to build this Nusantara Ring connectivity. 

"Indonesia's economy will not only be Java-centric in the future. The economies of other regions will also grow,” Airlangga said.

Tags: Keywords:
SHARE

Related Articles


Business Jul 13, 2026 | 8:43 pm

Indonesia Welcomes S&P's Investment-Grade Rating Affirmation

S&P maintained Indonesia's long-term sovereign credit rating at BBB and its short-term rating at A-2, both with a stable outlook.
Business Jul 10, 2026 | 2:19 pm

Government Stays Firm in Making Bali New International Financial Center

Indonesia will establish a financial center in Bali with tax breaks and a special legal framework to attract foreign capital.
Special Updates Jul 8, 2026 | 7:09 pm

Indonesia's IPO Momentum Signals Strong Business Confidence and a Resilient Economy

Indonesia's capital market stays resilient as IPO activity continues and six more companies prepare to go public.
News Jun 30, 2026 | 4:49 pm

Indonesia Eyes Waste-to-Energy Boom With Hundreds of Projects Still Untapped

Indonesia says hundreds of cities remain untapped for waste-to-energy projects, creating major investment opportunities.
Business Jun 30, 2026 | 2:50 pm

Indonesia Seeks Deeper Economic Ties With Russia as Trade Reaches $5 Billion

Indonesia plans to deepen trade, investment and tourism ties with Russia after bilateral trade reached $5 billion in 2025.
Business Jun 22, 2026 | 8:27 pm

Government Launches $1.5 Billion Economic Stimulus Package for 2nd Half of 2026

Indonesia will spend $1.5 billion on transport incentives, food aid, and workforce programs to support growth through 2026.
Business Jun 22, 2026 | 8:04 pm

Indonesia Unveils $28 Million Subsidy Program for Tofu and Tempeh Producers

Indonesia will subsidize soybean purchases for tofu and tempeh producers to help keep staple foods affordable.
Business Jun 10, 2026 | 5:45 pm

Indonesia Prepares Stimulus as Pertamax Price Jumps 32%

Indonesia is preparing stimulus measures after Pertamax fuel prices surged 32%, raising inflation concerns.
Business Jun 7, 2026 | 12:28 pm

Indonesia Targets EU Trade Deal Ratification in 2026, Implementation by Early 2027

Indonesia aims to ratify its trade agreement with the European Union this year, paving the way for implementation in 2027.
Business Jun 5, 2026 | 10:18 am

US 10% Forced Labor Tariff on Indonesia to Apply After July 24

The US will hold off on implementing the forced labor tariff until after July 24 to avoid overlapping with the current import tax.

The Latest


Business 14 minutes ago

#Sell Campaign Doesn’t Reflect Strong Indonesia Ties, Singapore Says

#SellSingapore and #SellIndonesia recently took social media by storm, as Jakarta grappled with tumbling stocks and weakening rupiah.
Opinion 21 minutes ago

Prabowo's Foreign-Agent Rhetoric Weakens Indonesia's Fight Against FIMI

Prabowo's "foreign agent" rhetoric risks conflating dissent with foreign interference, weakening Indonesia's democratic resilience.
Business 42 minutes ago

Economist Sees Another BI Rate Hike as Indonesia Seeks $11B in Capital

Trimegah Sekuritas expects BI to raise rates by another 25 bps, saying Indonesia still needs $11 billion in foreign capital this year.
News 48 minutes ago

Women Trapped in the Vicious Cycle of Loan Sharks

Under the bank emok system, the repayment is joint liability, where one person's debt becomes the shared responsibility of an entire group.
News 2 hours ago

Govt Targets Completion of 35,872 Village Cooperatives by August

Indonesia aims to complete 35,872 village cooperatives by August as the government prepares them to distribute subsidies and support farmers
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED