Jakarta, 6 November 2024. HunIndotech 5.0 Business Forum, an annual event organized by the Embassy of Hungary and the Indonesian Chamber of Commerce and Industry, was held in Jakarta to showcase Hungarian expertise in AI, agri-tech, and cybersecurity—areas that directly support Indonesia’s strategic goals. The forum presented discussions on important topics such as the MLFF Toll System, collaboration on food security through agri-tech innovations, enhancing education and healthcare through technology, as well as collaborations on cybersecurity and defense.

“HunIndotech 5.0 is not just a business forum but also a platform for bilateral collaboration and investment attraction—a bridge between Hungarian and Indonesian companies, encouraging partnerships in sectors critical to both nations’ economic futures,” said Lilla Karsay, Hungarian Ambassador to Indonesia, at the forum held in Jakarta on Wednesday, November 6.

"The partnership between Hungary and Indonesia, highlighted through HunIndotech 5.0 Business Forum, reflects Hungary's commitment to supporting Indonesia's Golden Vision 2045 and achieving sustainable, technology-driven growth," she added.

The relationship between the European Union and ASEAN was one of the key topics of the Ambassador’s opening speech at this year’s event. “With Hungary currently holding the EU presidency, we are emphasizing stronger ASEAN-EU ties, particularly in areas that align with Indonesia's goals of sustainable growth, digital transformation, and infrastructure modernization. Hungary views Indonesia as an invaluable partner in this vision, and our role as EU president enables us to highlight the region's investment potential for European companies," she stated.

HunIndotech also addressed the MLFF Toll System as Hungary's largest technology transfer export and a strategic investment. A cornerstone of Hungary's commitment to Indonesia's development, the USD 300 million Satellite-based Multi Lane Free Flow (MLFF) toll system represents Hungary's largest technology export in history and serves as a model for effective technology transfer. “This project from Hungarian perspective is a monumental investment in Indonesia's infrastructure and a leap forward in reducing congestion, minimizing environmental impact, and advancing digital transformation," said Karsay.

"The MLFF project also signals to European investors the opportunities that Indonesia offers in sectors such as smart infrastructure, clean energy, and high-tech solutions. Through HunIndotech, we aim to establish a foundation for further Hungarian and EU investment across these vital sectors," she added.

Another significant topic discussed was collaboration on food security through agri-tech innovations. “Given Indonesia's goal of achieving food self-sufficiency and enhancing nutrition, Hungarian agricultural technology offers solutions for sustainable food production. Innovations in aquaculture and precision farming can increase yields, reduce resource use, and ensure high-quality food supplies," said Karsay.

According to Karsay, Hungarian technology providers can support President Prabowo's priority of food security by implementing tools that improve productivity in for example rice production, a critical component of Indonesian diets.

Enhancing education and healthcare through technological advancements was another focus area at HunIndotech 5.0. "President Prabowo's call to improve education and healthcare can be supported by Hungarian AI and digital tools designed to enhance public service accessibility and efficiency," she noted.

Meanwhile, cybersecurity and defense collaboration, a recurring topic at HunIndotech, was addressed again this year, underscoring its importance in strengthening the digital defenses of both nations.