Carrying the theme “Navigating Valuation in the Industrial Revolution 5.0 Era: Integrating Technology, Embracing Creative Economy, and Upholding Social Responsibility”, IIVC 2025 serves as a strategic forum to address the challenges and opportunities in valuation within the digital era, which emphasises technology, the creative economy, and sustainable and inclusive economic development.
The Ministry of Finance’s support for IIVC 2025 is manifested through three strategic initiatives: hosting the IVSC Asia Committee Meeting (ACM), initiating a Joint Dialogue with IVSC and MAPPI, and presenting a keynote speech by Vice Minister Thomas Djiwandono at the conference opening.
In his speech, Vice Minister Thomas highlighted the growing importance of technology—massive data and artificial intelligence (Al)—for the valuation profession. The use of such technologies can enhance efficiency and accuracy in real-time valuation. However, this also demands valuers adapt and acquire new skills such as data science and Al.
Amid these developments, valuers are expected to focus not only on technology but also to integrate Environmental, Social, and Governance (ESG) principles into their daily practice to create more holistic valuations that align with market trends increasingly driven by these considerations.
“The valuation profession is not merely a routine job, but a mandate carried out with full responsibility. Every report signed by a valuer is not just about numbers but a moral contract reflecting professional standards, certifications, and a code of ethics to maintain public trust. Valuers are expected to be ‘trust architects’ who safeguard integrity and actively contribute to sustainable economic development,’ he emphasised.
The conference covered a range of current valuation-related topics, including Technology Advancement and the Role of Data, Digitalization and Al, Disruption and opportunities in Valuation, Intellectual Property (IP) for Financing, Unregistered Land Valuation in Compulsory Land Acquisition, Social Impact Assessment and considerations, and Social Value Measurement and International Experiences. The IIVC also featured expert speakers from various countries who shared insights and experiences on these themes.
The main event of IIVC was attended by 320 national and international participants, including valuation professionals,financial services regulators, financing institutions, academics, and creative economy practitioners. The event was not only a discussion forum but also an opportunity to enhance participants’ understanding of valuation so that they can adapt to global and industry-wide changes.
Prior to the leading conference, a series of IIVC 2025 events had already taken place, including the IVSC ACM, attended by 15 members of the IVSC Asia Committee, and the Joint Dialogue on Tuesday (April 22) at the A.A. Maramis Building, Ministry of Finance. This session—held in collaboration with the Ministry of Finance, IVSC, MAPPI, the Financial Services Authority (OJK), the Ministry of Agrarian Affairs and Spatial Planning/National Land Agency (ATR/BPN), and the Ministry of Creative Economy—carried the theme “Valuing Across Nations: Challenges and Opportunities.”