Indonesia Becomes One of the Leading Players in the Southeast Asian Automotive Industry

By : Ridwan And Aldi Firhand. A | Tuesday, November 28 2017 - 22:38 IWST

Menperin visit automotive factory in Serang Banten
Menperin visit automotive factory in Serang Banten

INDUSTRY.co.id - Serang - Director General of Metal, Machinery, Transportation and Electronics Industry (ILMATE) of the Ministry of Industry, Harjanto said that the automotive industry is categorized as labor-intensive sectors, and has opened up opportunities for the absorption of large local labor force.

"In 2016, the automotive industry in Indonesia has employed 1.5 million people, distributed in various sectors, from the assembly industry, the first to the third tier components, to the official workshop level for sales, service and spare parts," Harjanto in Serang, Banten, Tuesday (28/11/2017).

In addition, he continued, the automotive industry chain from upstream to downstream also involves many other industrial sectors.

"Not surprisingly, if the automotive industry grows, then the supporting industry sector will also grow, especially since Indonesia is still the main destination for investment in the automotive industry sector," he said.

Data from the ASEAN Automotive Federation, published in the automotive-cluster.org study show, Indonesia is currently one of the important players in the Southeast Asian automotive industry.

"Indonesia is the second largest automotive producer country after Thailand, not only to meet domestic consumption needs, Indonesia is also increasingly being encouraged to become a global production base and a bright investment opportunity to support the realization of these targets," said Harjanto.

As is known, the government is prioritizing the development of the national automotive industry through various strategic measures to attract new investment and business expansion.

Moreover, the sector has performed well, with growth of 5.63 percent or above economic growth of 5.06 percent in Q3 / 2017.

News Comment

Today's Industry

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Jumat, 02 Desember 2022 - 22:48 WIB

Lockup Sentiment Only Temporarily, GOTO Owns Chance to Rebound

Shares of PT Goto Gojek Tokopedia Tbk (GOTO), which experienced selling pressure after end of the lock up period on November 30, 2022, are considered by a number of market participants to provide…

GoTo is a blend of Gojek and Tokopedia. (Photo: republika.co.id)

Rabu, 30 November 2022 - 19:35 WIB

GoPay's Dominance Drives Consistency in GOTO's Financial Business Segment Growth

The financial services business segment, namely GoTo Financial owned by PT GoTo Gojek Tokopedia Tbk (GOTO), recorded impressive business growth consistency. This is reflected in GoPay's dominance…

The President Director of PT Honeywell Indonesia, Roy Kosashi, clarified many kind of leading technology for Indonesia’s New Capital City, in Jakarta on Tuesday (29/11/2022). (Photo: PT Honeywell Indonesia)

Rabu, 30 November 2022 - 19:28 WIB

Honeywell Ready to Support Indonesia’s New Capital City with Sustainability Technologies and Solutions

Honeywell announced today that it is Ready Now to support the Nusantara Capital Authority (OIKN) in realizing their goal of making a sustainable and smart forest city. OIKN is the government…

Gibu Mathew, Vice President and General Manager in Asia-Pacific (APAC) in Zoho Corp. (special)

Rabu, 30 November 2022 - 11:22 WIB

How to Make SaaS Work for Small and Medium-Sized Businesses

Southeast Asia's digital transformation has been impressive as the region is now poised to reach a projected digital economy worth USD360 billion by 2025. With digitalisation, the region bore…

PT Dharma Polimetal ("Dharma Group") Triputra Group automotive component manufacturing company.

Senin, 28 November 2022 - 12:15 WIB

DRMA Remains Optimistic 2023 Automotive Still Rises, Targets Sales Up 20%

PT Dharma Polimetal Tbk (“DRMA”), a listed company engaged in automotive component manufacturing business sees the prospects for the automotive business in 2023 will still remain promising.…