Indonesia’s Kura-Kura Bali Special Economic Zone (KEK) aims to advance the country’s digital semiconductor ecosystem, according to its Coordinating Minister for Economic Affairs Airlangga Hartarto.

Speaking at the “Shaping the Future Economy: AI & Semiconductor” event in the provincial capital Denpasar on Sunday, Airlangga emphasized the need to evolve this sector to enhance Indonesia’s digital framework.

Meanwhile, Airlangga also called for China’s Tsinghua University to establish a youth center within the KEK and create a campus for Indonesian youths to help strengthen Indonesia’s digital ecosystem, particularly in the semiconductor sector.

Indonesia’s digital economy is currently valued at approximately US$82 billion, with projections to reach US$300 billion by 2030, depending on the implementation of the Digital Economy Framework Agreement by ASEAN nations.