Strengthening national energy security, including by increasing strategic energy reserves, diversifying oil import sources, and accelerating domestic energy development. Accelerate the downstreaming of strategic industries, particularly in the mineral, petrochemical, fertilizer, and energy sectors, to increase the added value of the national economy.
Strengthen national food security by increasing domestic production, strengthening government food reserves, and accelerating the development of the fertilizer and agricultural raw materials industry. Promote national industrialization based on Sumitronomics, namely the development of basic industries, machinery, and high-value-added manufacturing industries to reduce dependence on imports.
Increase domestic security vigilance, particularly against the potential mobilization of radical groups exploiting the Middle East conflict to incite social and political instability.
Momentum for National Economic Transformation
The geopolitical crisis in the Middle East is not only a threat to global economic stability but can also provide strategic momentum for Indonesia to accelerate the national economic transformation towards industrialization and economic independence.
If this opportunity is appropriately utilized through industrial downstreaming policies and national economic strengthening, the global crisis can actually become a catalyst for the implementation of a national economic development strategy aligned with the concept of national capitalism and state industrialization, as conceived by Soemitro Djojohadikusumo.
