Indonesia Automotive Industry Grows Rapidly
By : Ahmad Fadli And Aldi Firhand. A | Thursday, April 19 2018 - 21:14 IWST
![President Jokowi with Menperin opened IIMS 2018 (dok Industry.co.id)](https://eagle.industry.co.id/uploads/berita/detail/3305.jpg)
President Jokowi with Menperin opened IIMS 2018 (dok Industry.co.id)
INDUSTRY.co.id - Jakarta - Minister of Industry Airlangga Hartarto said that Indonesia's automotive industry is growing rapidly with a very significant contribution to the national economy.
"This can be seen from the production figures of four-wheeled vehicles which increased to 1.216 million units in 2017 from 1.177 million units in 2016," Airlangga said in Jakarta on Thursday (19/4/2018)
Minister of Industry conveyed that when giving speech at the opening of Indonesia International Motor Show (IIMS) 2018 at Jakarta International Expo, Kemayoran, Jakarta.
According to Airlangga, the rapid growth of the automotive industry is also reinforced by an increase in exports of 231,000 units of unified vehicle units (CBU) in 2017 from 194,000 units in 2016.
He said exports of automotive parts increased 13 times to 81 million components in 2017 from 6.2 million components in 2016.
"The sector also provides employment opportunities to more than 1.5 million people, distributed in various jobs ranging from the assembly industry, first, second and third tier components, to the workforce at the official workshop level," Airlangga said.
Through effective government regulation, he added, the addition of new investment and expansion, and adoption of the latest technology, is expected to create a conducive business climate.
"It can create a production target of 1.5 million units by 2020," he concluded.
Read Also
Electric Cars are Indonesian Automotive Industry’s Future, President…
Minister of Industry Agus Optimistic 2024 Indonesia's Manufacturing…
Manufacturing Still Accounts for Lion’s Share of Exports: Industry…
DRMA Again Records Increase in Net Profit Up to Double Compared to…
Buy ASLC Shares, Get the Largest Vehicle Auction Business in Indonesia,…
Today's Industry
![Totolink outlet. (Photo: Public Relation of Totolink)](https://eagle.industry.co.id/uploads/berita/small/5782.jpg)
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).](https://eagle.industry.co.id/uploads/berita/small/5781.jpg)
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)](https://eagle.industry.co.id/uploads/berita/small/5780.jpg)
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](https://eagle.industry.co.id/uploads/berita/small/5779.png)
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](https://eagle.industry.co.id/uploads/berita/small/5778.png)
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.
News Comment