Overview

During last year’s commemoration of Indonesia’s 38^th National Sports Day, President Joko Widodo unveiled the National Sports Grand Design through the issuance of Regulation of the President No. 86 of 2021, which is being aimed at the development of a national sports industry that will also make a significant contribution to Indonesia’s economic growth.[1] Indeed, Indonesia has seen a number of major developments across its sports industry over the past few years. For example, in 2021, Indonesia became the primary contributor to the e-sports industry within the Southeast Asia region, as it hosted around 43% of the area’s 274.5 million gamers, generating total revenues of US$ 2.08 billion (around Rp. 30 trillion) in the process.[2] In terms of more traditional sports, several Indonesian football clubs have announced that they have either already become or are in the process of becoming publicly listed companies, which will allow them to accumulate the capital required for further development.[3] Finally, Indonesia is set to host the MotoGP Mandalika event in March 2022, which gives the country a fantastic opportunity to showcase its sports industry.[4]