Overview

In remarks that were made during his inauguration on 20 October 2014, President Joko Widodo stated his firm commitment to restoring Indonesia to the status of a maritime country.[1]  Almost a decade later, Indonesia’s 2023 ASEAN Chairmanship is currently promoting the ASEAN Blue Economy Framework as a top priority within the economic field.[2] The term blue economy itself refers to the development of a marine-based, sustainable economy based on Indonesia’s marine resource potential, which is projected to reach an annual total of US$ 1.33 billion across a total of 11 business sectors.[3]