Over the past decade, Joko Widodo has reinvented Indonesia’s economy to make it one of the world’s most attractive investment markets, thanks in no small part to a boom in demand for green energy technology.
Indonesia’s president, who took office in 2014, has wielded the country’s nickel deposits — the largest in the world — to upgrade a domestic mineral processing industry and bring in foreign investments, while breaking its long-standing current account deficit.
The transformation is not yet complete: the furniture-maker-turned-politician has set an ambitious target for Indonesia to become one of the world’s five biggest economies by 2045.
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