Key Takeaways
- Indonesia urges ASEAN nations to collaborate on semiconductor production with a unified roadmap.
- Emphasis on expanding university involvement and improving infrastructure for sustainable supply chains.
- The ASEAN Semiconductor Roadmap is a Priority Economic Deliverable under the Philippines’ Chairmanship.
Collaborative Semiconductor Development in ASEAN
Indonesia has called for ASEAN countries to collaboratively develop semiconductor production through a proposed unified roadmap. This initiative was presented by Deputy Minister of Trade Dyah Roro Esti Widya Putri during the 58th ASEAN Economic Ministers’ Meeting in Manila, Philippines.
According to Dyah, establishing this roadmap is crucial for enhancing the ASEAN semiconductor ecosystem, thereby increasing the region’s global competitiveness in supply chains. She emphasized the need for strategic measures, including greater engagement of universities and research institutions in semiconductor studies. Furthermore, the improvement of infrastructure facilities is necessary for sustainable supply chains related to critical minerals essential for semiconductor production.
The Deputy Minister also highlighted the importance of complementary investments and harmonizing incentives across ASEAN member states to foster a supportive industrial ecosystem. These efforts are expected to contribute significantly to the region’s capability in semiconductor manufacturing.
Dyah noted that the ASEAN Semiconductor Roadmap is part of the Priority Economic Deliverables (PEDs) designated for the Philippines’ ASEAN Chairmanship this year. Member states are currently finalizing this roadmap alongside other key initiatives, which include promoting the cross-border mobility of digital workers and establishing the ASEAN Centre of Excellence for Micro, Small, and Medium Enterprises.
In addition to the semiconductor roadmap, the Minister expressed gratitude for the completion of another PED aimed at enhancing financial inclusion: “Driving Financial Health Forward: Unlocking the Next Frontier of Financial Inclusion.” This underscores Indonesia’s commitment to regional economic cooperation and development.
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