Minister Airlangga: The Industry Sector Becomes the Biggest Contributor to the Indonesian Economy

By : Ridwan And Aldi Firhand. A | Saturday, December 02 2017 - 21:48 IWST

Minister of Industry Airlangga Hartarto
Minister of Industry Airlangga Hartarto

INDUSTRY.co.id -Jakarta- Minister of Industry (Menperin), Airlangga Hartarto see that Indonesia in its economic proportion can be categorized as an industrial country.

The reason, the industrial sector is the largest contributor to the national economy with donations reached more than 30 percent.

According to him, according to the agreement in the World Economic Forum, industrial activity is considered as a process that occurs inside and outside the factory. In fact, up to the consumer making recycled products.

"Until August 2017, the employment of industrial sector is 17.01 million people or 14.05 percent of the total workforce in Indonesia. In addition, tax contributions from the industrial sector reached Rp224.9 trillion," said Airlangga through a written statement in Jakarta (2/12/2017).

Based on data from the Central Bureau of Statistics (BPS), the performance of non-oil and gas processing industry in the third quarter of 2017 grew by 5.49 percent or higher compared to the national economic growth which reached 5.06 percent.

This achievement is supported by high growth industry subsector, such as base metal industry by 10.60 percent, food and beverage industry 9.49 percent, machinery and equipment industry 6.35 percent and transportation equipment industry 5.63 percent.

Menperin added, the current export market potential is still quite wide. Therefore, the national industry should be encouraged to combine the marketing objectives of its products, in addition to targeting the domestic market.

"The government is working to finalize international agreements so that the local products we rely on for export are not disturbed," he said.

In addition, Menperin sees manufacturing process in ASEAN getting connected with value chain and supply chain in the world and actively conducting research and development activities.

"We believe that ASEAN in the next decade can be a leading region to be a future of production, with an internet base of everythingsabagai main infrastructure," he said.

Menperin is optimistic that the target can be realized because ASEAN has a strong potential to achieve it, with great advantages supported by stable regional economic growth and a greater percentage of world economic growth.

"ASEAN is supported by several other enabler factors, such as the young population, the growing middle class, the burgeoning digital infrastructure, the transformation of small and medium-sized industries towards digital, and the connectivity between people," he said.

News Comment

Today's Industry

Fuse, The insurtech companies

Jumat, 26 November 2021 - 16:11 WIB

FUSE Being The Only Insurtech From Indonesia Included In "The World's Top 100 Insurtech 2021"

Sønr Global, the world's leading market intelligence platform designed specifically for the insurance industry, along with leading consultant Ernst & Young (EY), have just released the World's…

PT Dharma Polimetal Tbk's advanced robot technology to produce electric vehicle components

Jumat, 26 November 2021 - 15:00 WIB

Ahead of IPO, DRMA Stimulates Electric Vehicle Component Business Opportunities in Indonesia

PT Dharma Polimetal Tbk (“DRMA”), an automotive component manufacturing company belonging to the Triputra Group which is planning to conduct an Initial Public Offering (IPO) at the end of…

Dr Maria Corlianò Co-Founder and Chief Technology Officer, OSbiome

Jumat, 26 November 2021 - 14:10 WIB

OSBIOME: Personalised Self-Care Platform For Optimum Health Management Through The Gut

Discussing gut issues such as bloating, diarrhoea and constipation with your partner, family or close friends can be embarrassing and disheartening. Many also tend to shrug off the pain and…

Citi Indonesia CEO, Batara Sianturi

Jumat, 26 November 2021 - 13:25 WIB

Citi Indonesia Posted Rp869 Billion in Net Income during Third Quarter of 2021

Citibank N.A., Indonesia (Citi Indonesia) posted a Net Income of Rp869 billion during the third quarter of 2021. The earning is lower than the same period last year, driven by lower trading…

Cybersecurity Jobs. PHOTO: Cybercrime Magazine.

Rabu, 24 November 2021 - 21:00 WIB

What vulnerabilities and security issues plague web and mobile apps?

One of the most compelling reasons organisations use third-party application security testing is to extend their own software security testing capability when circumstances make adding new resources…