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Government Spur the Manufacturing Industry with the Issuance of Presidential Decree 2/2018

13 April 2018 | Author : Manufakturindo
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The Indonesian Government under the control of Jokowi take a serious work to increase the manufacturing industry, one of which is the issuance of Presidential Regulation (Perpres) No. 2 year of 2018 on 2015-2019 National Industrial Policy. The issuance of the Presidential Regulation is expected to increase the growth of domestic manufacturing industry.

 

"The government continues to create a conducive investment climate and provide convenience for business actors to run their business in Indonesia," said Minister of Industry (Menperin) Airlangga Hartarto in Jakarta, Thursday (22/3/2018). The regulations are intended to become a clear path for industrial development to be more competitive in the global world.

 

The rules contained in the Presidential Regulation will become a guidance for the government for the development of long-term national industry in accordance with the National Industrial Development Master Plan (RIPIN) 2015-2035.

 

The Presidential Regulation is made with several targets: to focus on industrial development, the stages in industrial development achievement, the development of industrial resources, the development of industrial facilities and infrastructure, industrial empowerment, the development of priority industries and small and medium industries, industrial zoning development, and fiscal and non-fiscal facilities.

 

In preparing the regulation, the Minister of Industry admitted that he had listened many inputs from the national industry players. And hopefully it is right on target. The objectives to be achieved in the Perpres until 2019 are to increase the growth rate of non-oil/gas processing industry by 5.5-6.2%, increase the role of manufacturing industry by 18.2-19.4%, and increase the export of domestic industrial products.

 

In the regulation, there are also several industry sectors that will become the main sectors of the government in the future, they are including: food industry, pharmaceutical industry, cosmetics and medical equipment, textile, leather, footwear and miscellaneous industries, transportation industry, electronics industry and telematics, and energy-generating industries.

 

Menperin also asserted that the activity of the manufacturing industry is continuously able to provide a broad chain effect for the national economy, which is to increase the value added of domestic raw materials, employment, generate foreign exchange from export, and the largest contributor of tax and excise.

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