Year 2018, Industry Minister Projects National Industrial Growth of 5.67%

By : Ridwan And Aldi Firhand. A | Monday, December 11 2017 - 16:41 IWST

Minister of Industry Airlangga Hartarto , images by Industry.co.id
Minister of Industry Airlangga Hartarto , images by Industry.co.id

INDUSTRY.co.id - Jakarta- Minister of Industry, Airlangga Hartarto projected national industry growth in 2018 of 5.67 percent.

According to him, there are six industry sectors which are the main key in supporting the growth of national industry, namely basic metal industry, food and beverage industry, transportation equipment industry, machinery and shipping industry, chemical industry, and pharmaceutical industry.

"These six sectors will continue to be encouraged for the growth of national industry," Airlangga Hartarto said during a speech at the 'National Seminar on Industry Outlook 2018' in Jakarta on Monday (11/12/2017).

Furthermore, Airlangga said that the industry's performance was again above the economic growth in the third quarter of 2017. "This is a good momentum, which must be maintained and even needs to be improved, as the government's effort to create a conducive investment climate and ease of effort," he explained.

According to Central Bureau of Statistics data, the growth of non-oil and gas industry grew by 5.49 percent or higher than economic growth which reached 5.06 percent in quarter III-2017.

High growth industrial branches are base metal industry of 10.6 percent, followed by food and beverage industry 9.49 percent, machinery and equipment 6.35 percent and transportation 5.63 percent.

Airlangga added, in the next five to 10 years, the potential of the industry is also relied upon by other countries. In addition, the government continues to improve the competitiveness of national industries in order to be competitive at the global level.

As is known, industrial activity brings a broad effect to the national economy such as an increase in the value-added of domestic raw materials, the absorption of local labor, and foreign exchange earnings from exports.

"For that, various policies have been issued to provide convenience for investors trying in Indonesia," he concluded.

News Comment

Today's Industry

Mechatronic Calotte Loader mWL.cs

Sabtu, 23 Januari 2021 - 17:50 WIB

Mechatronic Systemtechnik Unveils Proprietary Calotte Loader mWL.cs

A fully automated stand-alone system for transferring wafers between cassettes and calottes, the mWL.cs provides integrated device manufacturers (IDMs) an opportunity to increase yield and improve…

Synopsys Software

Rabu, 13 Januari 2021 - 18:40 WIB

Synopsys Recognised as a Leader in Static Application Security Testing by Independent Research Firm

Synopsys receives highest score among 12 SAST providers in current offering category.

Electro-Balancer (E-Balancer)

Rabu, 13 Januari 2021 - 16:00 WIB

ZASCHE Handling Rolls Out New Range of Electric Balancers

the E-Balancer is a versatile tool suited for a broad range of heavy-duty industrial applications.

Taylor Armerding, Software Security Expert at Synopsys Software Integrity Group (Photo by Linkedin)

Rabu, 13 Januari 2021 - 15:40 WIB

What is the Cost of Poor Software Quality in the U.S.?

And if you doubt its credibility, or that it applies to software, check out the latest report from the Consortium for Information & Software Quality (CISQ), in partnership with Synopsys, “The…

Nivedita Murthy - Senior Security Consultant, at Synopsys Software Integrity Group

Jumat, 08 Januari 2021 - 17:35 WIB

DevSecOps: The good, the bad, and the ugly

DevSecOps is the practice of integrating security into every stage of the DevOps pipeline.