Indonesia requires acceleration and expansion of economic development to support its transformation into a developed country by 2025. In doing so, many millions of people will be lifted out of proverty, and given better access to quality education, employment, higher living standard and medical care. A stronger middle class will also mean that the country and its citizens will have higher purchasing power and the increased ability to compete in the global area.rnrnThe Masterplan for the Acceleration and Expansion of Economic Development of Indonesia (MP3EI) provides the building blocks to transform Indonesia into one of the major economies in the world by 2025. To achieve this, real economic growth must reach 7-9 percent per year, on an ongoing basis.rnrnThe development of MP3EI can be accomplished if the government and business sector embrance a new way of thinking in doing business. Everyone must take a collective approach toward improving and utilizing the country’s resources, strategic position, and manpower, in order to propel its citizens forward. The stakeholders, the central government, local government, state owned entrerprises, and a private sector must work together productively. The private sector will be given a major and important role in economic development, particularly in investments to increase job opportunities. The government will not only be a regulator, it will also be a facilitator, and catalyst to support this growth. With regard to regulations, the government will amend or remove (debottlenecking) regulations that inhibit the implementation of investments. As a facilitator and catalyst, the government will provide incentives, both fiscal and non fiscal.rnrnImplementation of MP3EI is expected to fully support and complement existing development planning documents produced by the government, including Long Term National Development Plan (RPJPN) and Medium Term National Development Plan (RPJMN).rnThe implementation of MP3EI will be coordinated by a Committee chaired by the President of Republic of Indonesia. This committee will be responsible for the coordination, monitoring, and evaluation of specific strategies and actions identified in the masterplan.rn

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