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
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.
Read Also
Today's Industry

Senin, 24 Maret 2025 - 20:39 WIB
President Prabowo Welcomes Ustaz Adi Hidayat, Representatives of Al Azhar University of Cairo at Presidential Palace
President Prabowo Subianto received a visit from Ustaz Adi Hidayat and representatives from Al Azhar University of Cairo at the Presidential Palace, Jakarta, on Friday (03/21). The meeting proceeded…

Senin, 24 Maret 2025 - 20:32 WIB
Jababeka Bizpark Officially Conducted Groundbreaking and Ready for Handover in 2025
AFTER receiving extraordinary interest from foreign and domestic businessmen and investors, Jababeka finally officially conducted the groundbreaking of the Jababeka Bizpark multipurpose commercial…

Senin, 24 Maret 2025 - 20:27 WIB
Jababeka Industrial Estate (KIJA) Wins Green PROPER Award from the Ministry of Environment and Forestry for Two Consecutive Years
PT Jababeka Tbk, through one of its subsidiaries PT Jababeka Infrastruktur as the manager of the Jababeka Industrial Estate, has again been awarded the 2024 Green Corporate Performance Assessment…

Senin, 24 Maret 2025 - 20:19 WIB
HOKI Successfully Records Sales of IDR 1.29 Trillion in 2024
Dailymeal Products Sales Grow 114.05% A well-known rice producer under the brand name 'Topi Koki' listed on the Indonesia Stock Exchange PT Buyung Poetra Sembada, Tbk., (HOKI) managed to record…

Sabtu, 22 Maret 2025 - 07:25 WIB
Indonesia Showcases High-Quality Fabrics at Intertextile Shanghai: Strengthening Footprint in the International Market
The Consul General of the Republic of Indonesia in Shanghai, Berlianto Situngkir, together with the Indonesia Trade Promotion Center (ITPC) Shanghai, attended the Intertextile Shanghai Apparel…
News Comment