Private Investment in Defense Industry
Ideally, private sector participation should support the industry’s growth so as to reduce our dependence on imports. This will have a significant impact on the efficiency of the defense budget.
Heryunanto
In his commemorative address for the 76th Anniversary of the Indonesian Military (TNI) on 5 Oct., President Joko “Jokowi” Widodo reminded the TNI to carry out defense transformation to enable them to face a wider spectrum of threats.
The President also pointed out the need to strengthen the cultural strategy of TNI soldiers and officers in the military’s solidarity with the people through a universal security and defense system that was actively defensive, with multiple layers of defense supported by leaps in military technology and well-planned investments in the defense sector.