loader

Investment in Manufacture Brings Fortune to The Country’s Economic Growth

15 March 2018 | Author : Manufakturindo
image berita
Investment in the world of manufacture are proven to bring fortune to Indonesian Economic Growth. There are many potential elements of investment that have never been optimized yet in the previous year. Indonesia economic will grow 5,3% in 2018 with manufacture sector as the accelerator for the sustainable economic growth to fulfill the 8% target growth in National Short-Term Development Plan.

 

Even the Ministry of Industry assure that through the capital investment path, in 2017 they achieved total investment (foreign and domestic investment) in industrial sector for about IDR 274,06 trillion or 39,6% from the total IDR 692,8 trillion investment in Indonesia.

 

Ministry of Industry projecting that industrial investment in 2018 will grow up to IDR 352,16 trillion and become IDR 387,57 trillion in 2019.

 

“The government keep on going to create a conducive business environment for the foreign investor, so that the investment performance in Indonesia that already well-performed will grow better and better in the future, and of course the existing investment can be more competitive,” said the Minister of Industry Airlangga Hartarto in a press conference, Thursday (13/3).

 

In the attempt to widely spread the industry as well as to achieve goals as Indonesia centric, the manufacturing sector brings chain effects to the national economy such as labor absorption, increasing value added for the domestic raw material, and revenue from export activities. There are two things that can be considered as strategies in boosting the domestic manufacturing industries. First, trying to diversified the products to catch the market opportunities. Second, focus on the existing sectors and easy to be developed sectors such as electronics, chemistry, automobiles and food industry.

 

The ministry of industry and Head of Industrial Research and Development (BPPI), already facilitate the construction of industrial area especially outside of Java island. Therefore, Airlangga feels the need of human resources improvement through education and training, and is become government’s main program for now, to support the business and investment in Indonesia.

 

Related to the above statement, the government issued Presidential Decree No. 91 year of 2017 concerning the Acceleration of the Implementation of Business. One of the effort to do is through the forming of national task force in the attempt to escort and acceleration of national business.



Loading...

Related News

The New Ruler,...

After the inauguration of the president and vice president of the Republic of Indonesia 2019 - 2024,...

Readmore..

Ministry of Industry...

The Ministry of Industry with the Association and Petrochemical Industry is ready to build the Petro...

Readmore..

Manufacturing Industry...

The manufacturing industry absorbed 18,25 million workers in 2018. This achievement is able to contr...

Readmore..

Companies