Indonesian Business Council for Sustainable Development (IBCSD) launched Indonesia Vision 2050 here to foster economic growth in the country over the next four decades, local media reported on Thursday.

IBCSD's president Shinta Widjaja Kamdani said the vision was important to help Indonesia enter the top-10 of global economies by 2050.

"As the private sector, we need to have a new platform that promotes business solutions to the challenges of the next decades. Thus, this vision is important because we need more innovation and different approaches to create sustainability in business, the environment and human capital," Shinta said on Wednesday

She said businesspeople would need to have more dialogue to identify future trends in Indonesia and to reach consensus on a vision for a sustainable Indonesia by 2050.

"We plan to create a road map for a sustainable Indonesia and we hope we will see the progress (in the making of the road map) next year. I do believe Indonesia would be a much more developed country by 2050 if we all could prepare the solutions earlier," she said as quoted by the Jakarta Post daily.

She said the IBCSD would work together with Indonesian Chamber of Commerce and Industry (Kadin), and other related parties such as the Presidential Working Unit for Supervision and Management of Development (UKP4) to create the road map.

The road map, according to Shinta, would accelerate creation and implementation new business solutions and leadership for companies in Indonesia. Endi