Indonesia Showcases AI and Valuation Leadership at IIVC 2025
BSD City, Indonesia – April 23, 2025 — The Indonesia International Valuation Conference (IIVC) 2025, held at the Indonesia Convention Exhibition (ICE) in Bumi Serpong Damai, marked a significant milestone in the country’s push toward modernising valuation practices and embracing artificial intelligence (AI) in policy and economic development.
Themed "Building Indonesia’s AI Future", the event brought together national and international valuation experts, government officials, and technology leaders to discuss pressing issues including intellectual property valuation, the integration of AI in professional practices, and the challenges posed by unregistered land—currently estimated to encompass nearly 50% of the nation’s territory.
Representing the Chairman of KORIKA (Prof. Hammam Riza), Vice President of KORIKA (Business & Industry) expressed honour in participating in both the AI sharing session and the panel discussion. The Vice President highlighted Indonesia's commitment to embracing transformative technologies while aligning with global standards.
“This pivotal moment reinforces Indonesia’s serious intent to become a leader in AI-driven valuation practices. Through collaboration and innovation, we are shaping a more transparent, equitable, and forward-looking valuation ecosystem,” the Vice President stated.
Organised by the Indonesian Society of Appraisers (MAPPI) in collaboration with the Ministry of Finance, the Ministry Creative Economy (EKRAF), and the International Valuation Standards Council (IVSC), IIVC 2025 offered a global platform for dialogue and knowledge exchange.
Key highlights included:
Dr. Marty Natalegawa, Chair of the IVSC Asia Committee, called for the harmonisation of Indonesia’s certification systems with international standards to boost the global competitiveness of local valuation professionals.
Mr. Thomas Djiwandono, Vice Minister of Finance, underscored the strategic role of valuation experts in shaping national policies, especially in sustainable finance and inclusive development.
Prof. Dr. Ali Mocthar Ngabalin, from the Nusantara Capital Authority (OIKN), presented a forward-looking vision for valuation frameworks in Indonesia’s new capital city—emphasising infrastructure readiness and investment planning.
Also in attendance were Mr. Budi Prasodjo, Chairman of MAPPI, and Erawati, Head of the Financial Profession Development Centre (PPPK), Ministry of Finance, both of whom reiterated the importance of professional development and regulatory alignment.
The conference also addressed the valuation of emerging assets such as carbon credits and biodiversity, signaling Indonesia’s readiness to tackle global challenges with innovative valuation frameworks.
As IIVC 2025 concluded, the consensus was clear: Indonesia is poised to become a pivotal player in the global valuation and AI ecosystem, advancing not only economic development but also environmental stewardship and digital innovation.
