Indonesian President Prabowo Subianto announced major policy targets, including renovating all damaged schools by 2029, achieving mass electric vehicle production by 2028, and launching a strategic mineral exchange.
Key points
- President Prabowo Subianto pledged that the government's school renovation initiative will be accelerated in 2027 and 2028 to fix all damaged facilities by 2029.
- Classrooms across Indonesia are planned to be equipped with interactive flat panel screens by the end of December 2026.
- The government is establishing an electric vehicle ecosystem and targets the mass production of domestic electric cars by 2028 alongside trade-in schemes for motorbikes.
- A new strategic mineral and commodity exchange under the Financial Services Authority (OJK) is planned to establish an Indonesia Reference Price.
Why it matters
These sweeping national directives target critical infrastructure, energy transition, and economic resource sovereignty in Indonesia, aiming to reshape education, the automotive industry, and commodity pricing.
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