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.

News Comment

Today's Industry

Jamkrindo

Sabtu, 18 Agustus 2018 - 23:30 WIB

Thousands of People Enliven Jamkrindo Healthy Walk

Gorontalo - Thousands of people enliven the 5 kilometer healthy walk to commemorate the 73rd Anniversary of the Proclamation of Independence of the Republic of Indonesia held by Perum Jamkrindo…

Dirut BTN Maryono (Fot Rizki Meirino)

Sabtu, 18 Agustus 2018 - 23:00 WIB

The economy starts to stretch, Bank BTN is ready to expand in Bengkulu

Jakarta - PT Bank Tabungan Negara Tbk (BBTN) or Bank BTN is ready to expand in Bengkulu province as economic growth begins to wriggle in the area because the demand for subsidized housing loans…

Menteri PUPR Basuki Hadimuljono (Foto Ist)

Jumat, 17 Agustus 2018 - 22:39 WIB

Minister Basuki Ensures There Are No New Projects Except Dam

Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono said there were no new infrastructure projects undertaken by the Government in 2019 except for dam construction.

President Joko Widodo together with Minister of PUPR Basuki Hadimuljono check the work of Bocimi Toll

Jumat, 17 Agustus 2018 - 22:37 WIB

Infrastructure Development Grows a New Economic Center

Infrastructure development carried out by the government in various regions can foster new economic centers, said the Chancellor of the University of Jenderal Sudirman (Unsoed) Purwokerto Professor…

Presiden Joko Widodo (Foto: Ist)

Jumat, 17 Agustus 2018 - 22:36 WIB

2019, the Government will Prepare 905 Km of Toll Roads and 48 Dams

In addition to increasing the development of human resources, President Joko Widodo (Jokowi) said, the Government also continued infrastructure development.