Minister of Industry: 2018, A Number of Domestic Industries Ready to Expand

By : Ridwan And Aldi Firhand. A | Saturday, February 03 2018 - 22:08 IWST

Minister of Industry Airlangga Hartarto
Minister of Industry Airlangga Hartarto

INDUSTRY.co.id - Jakarta, Minister of Industry, Airlangga Hartarto, said that several industries in the country are ready to expand their business or expansion by 2018. However, the company is still waiting for certainty regarding the supply of raw materials to support its production increase.

"They are Coca-Cola, Mattel, Cabot Corporation and Cargill, but the raw materials are not regulated, or are not subject to restrictions," the minister said according to official information received in Jakarta on Saturday (3 / 2/2018).

Minister believes that if the ease of importing raw materials is given, especially those that can not be obtained domestically, the expansion and investment in the industrial sector will increase.

"The availability of raw materials can maintain the continuity of industrial production to meet the needs of domestic and export markets," he explained.

Minister added, a number of companies that want to expand it, has a competitive competitiveness in the global arena. For example, Cabot Corporation, the industry that produces raw materials for the tire industry, namely carbon black.

"Yesterday I have met Cabot, and they are in Indonesia for 30 years, the industry is for the structure of the automotive sector, so we have tremendous potential," he said.

"Production of carbon black this company is called the number one in the world," Minister added

Furthermore, Cargill is a company in the field of food that requires corn as raw material.

"Cargill, who makes sweetener from tapioca, can develop a sweetener from maize, especially since their bases are exported," said Minister of Industry.

In addition to spurring national industry more productively, the Ministry of Industry also requested that they be more innovative. Moreover, in facing the era of digital economy and the application of technology of the fourth industrial revolution or Industry 4.0 that has been running at this time.

News Comment

Today's Industry

Totolink outlet. (Photo: Public Relation of Totolink)

Kamis, 11 Juli 2024 - 22:08 WIB

Totolink Strengthens Commitment to Innovative and Reliable Network Solutions for Indonesia

Marking a strategic step, Totolink Indonesia proudly announces the enhancement of its head office in Jakarta, located at Harco Mangga Dua Blok E No.28, Sawah Besar, Central Jakarta.

The President Commissioner of Bersama Digital Data Centres (BDDC), Setyanto Hantoro (fourth right) and The President Director of BDDC, Angelo Syailendra (third right) during the BDDC JST1 Inauguration Ceremony in Jakarta on Wednesday (10/07/2024).

Kamis, 11 Juli 2024 - 19:03 WIB

BDDC Inaugurates JST1 TIER IV Data Centre in Jakarta to Strengthen Digital Infrastructure

Bersama Digital Data Centres (BDDC), an in-town data centre provider with interconnectivity and integrated digital systems, inaugurated its 5 MW Tier IV data centre facility, JST1 (Jakarta Selatan…

The Board of Directors of PTT Global Chemical (GC) pose for a group photo after receiving the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin. (Photo: GC Public Relations)

Kamis, 27 Juni 2024 - 15:30 WIB

Global Chemical Achieves Prestigious SNI Certification for InnoPlus Polyethylene Resin

PTT Global Chemical (GC) is proud to announce its successful attainment of the prestigious SNI (Indonesian National Standard) certification for its InnoPlus Polyethylene resin.

 Financial Literacy

Rabu, 26 Juni 2024 - 22:47 WIB

The Importance of Financial Literacy

Financial literacy refers to the ability to understand and use various financial skills effectively, including personal financial management, budgeting, and investing.

Unveiling New Opportunities

Rabu, 26 Juni 2024 - 14:52 WIB

Unveiling New Opportunities

As we step into 2024, the cryptocurrency landscape continues to evolve, presenting unprecedented opportunities for investors, developers, and enthusiasts.