On November 6, 2024, the Hungarian Embassy in Jakarta and the Indonesian Chamber of Commerce and Industry (KADIN) held the fifth HunIndotech Business Forum, attended by around 200 people. The event showcased competitive Hungarian technologies and innovations relevant to the Indonesian market.

 

Ambassador Lilla Karsay and KADIN Vice Chairman for International Relations Bernardino Moningka Vega delivered opening remarks, joined by key Indonesian business and government figures.

 

The first panel discussed the MLFF e-toll project, highlighting the readiness of the Hungarian technology. Representatives from RITS, PT. Telkomsel, and the Toll Road Regulatory Agency participated, noting that traffic congestion costs Indonesia $4 billion annually, which the MLFF system could alleviate.

 

The second panel explored the democratization of AI, featuring Hungarian Teqtos Kft. and PT. Lynx Analytics, along with AI Health SG, PT. Masa Robot Solusi, and Ajari Technologies from Indonesia. PT. Lynx Analytics demonstrated its data analysis applications, and Teqtos Kft. presented its e-health and education solutions, having recently partnered with six Indonesian universities.

 

The third panel addressed cybersecurity, with Ukatemi Technologies Zrt. from Hungary, and representatives from the Indonesian Cybersecurity Association, Nusa Putra University, and Bank Negara Indonesia. Did you know? The Indonesian government is making significant efforts to prevent highly dangerous hacker attacks against government institutions. Significant infrastructural, software and human resource development is required for both active defense and the full development of backup copies.

 

The fourth panel focused on AI in fintech, discussing efficiency, HR development, and banking access for underserved groups. Aliz Technologies Kft. and Paid.App from Hungary, along with the Indonesian Central Bank and PT. Pembiayaan Digital Indonesia, shared insights. Aliz boasts a number of high-profile Indonesian clients already, among which are local unicorns and decacorns too, helping them build up their Google Cloud Infrastructure. Paid.App presented practical applications for Indonesian microbusinesses.

 

The fifth panel looked at AI’s role in agriculture, featuring Greehill Kft., Proofminder Kft., and ABZ Innovation Kft. from Hungary. ABZ Innovation’s drones reduce pesticide use by up to 80%, and Proofminder’s image analysis software helps predict yields and detect crop health issues.

 

In the afternoon, Ambassador Karsay and PT. Roatex Indonesia Toll System CEO Attila Keszég held a press conference. They highlighted the $300 million MLFF e-toll project as a promising example of Hungary-Indonesia cooperation with economic and social benefits.