On September 12, 2024, I had the privilege of being invited by HSBC Indonesia to speak at their Road to HSBC Summit held at the Westin Hotel in Surabaya. During the event, I highlighted the immense potential for digital business in Surabaya, which is positioning itself as a dynamic hub for technological innovation and sustainable growth. The city’s strategic location and its rapidly growing infrastructure offer unparalleled opportunities for entrepreneurs, particularly in key sectors like data centers, renewable energy, and clean water. These sectors, when properly nurtured, could become the cornerstone of Surabaya’s economic transformation, driving both regional and national growth.
In my view, it is crucial for local entrepreneurs to focus on these areas as they hold the key to unlocking new economic value. Data centers, for instance, are becoming increasingly important in the era of digital transformation, providing the backbone for cloud services and supporting the rise of digital platforms. Meanwhile, renewable energy and clean water solutions are essential for sustainable urban growth, helping cities like Surabaya meet the demands of a growing population while addressing environmental concerns. These sectors offer not only financial returns but also long-term sustainability, making them crucial for future development.
One of the key points I emphasized at the summit was the importance of collaboration—particularly with business leaders and innovators across ASEAN. By forming strong partnerships within the ASEAN region, local businesses in Surabaya can tap into a broader network of expertise, technology, and investment. This type of collaboration is essential for scaling digital businesses and creating a more integrated and competitive marketplace. As the ASEAN region continues to grow and evolve, such partnerships will allow Surabaya’s entrepreneurs to stay ahead of the curve and play a pivotal role in shaping the digital future.
In conclusion, the future of Surabaya’s economy lies in its ability to embrace digital business opportunities and foster collaboration across borders. By capitalizing on the growing sectors of data centers, renewable energy, and clean water, and by engaging with regional partners, Surabaya can lead the way in Indonesia’s economic transformation. It’s time for entrepreneurs to take proactive steps, align with ASEAN business leaders, and work towards building a stronger, more resilient economy for the future.