Over the Past 15 Years, Indonesia's Economic Improvement Seen From These Four Aspects!

By : Ridwan And Aldi Firhand. A | Wednesday, March 07 2018 - 23:53 IWST

Minister of Industry Airlangga Hartarto
Minister of Industry Airlangga Hartarto

INDUSTRY.co.id - Jakarta, Minister of Industry (Menperin) Airlangga Hartarto said, during the last 15 years of economic improvement in the country, seen from four aspects.

"First, the labor population has increased by more than 30 million, which is supported by a doubling of salary," Airlangga said as the keynote speaker at the National Dialogue with the theme of Synergy for Indonesia's Exclusive Employment in Jakarta, Wednesday (7/3 / 2018).

Furthermore, Second, consumption growth also increased eightfold, which currently accounts for 55 percent of GDP.

Thirdly, our investment aspect is extraordinarily increasing, up 13-fold, which also increased against donation to GDP from 22 percent to 34 percent.

Finally, we see from the capitalization of the stock market increased 15-fold, now its capitalization reaches USD500 billion.

Thus, continued Menperin, political and security stability becomes an important factor in creating a conducive business climate.

Furthermore, increasing the level of education also be the answer for the national industry needs in having competent human resources according to the current development facing the era of Industry 4.0.

"This fourth industrial revolution is something that we can not delay or hold, because in all countries are being discussed included in the World Economic Forum," he said.

In an effort to support the readiness to enter Industry 4.0 technology, the government has built infrastructure through the Palapa Ring to strengthen internet connectivity across the country.

"Now called the era of internet of everything, that is, the industry is undergoing transformation to utilize digital technology and internet in its production process to be integrated," he explained.

The industry is now being developed, among others based on e-Commerce, financial technology (Fintech), Internet of Things (IoT), Artificial Intelligence (AI), digitalization, 3D Printing and robotics.

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