Minister of Industry: Automotive Industry Adds Value to the Economy

By : Ridwan And Aldi Firhand. A | Sunday, August 13 2017 - 14:35 IWST

Vice President Jusuf Kalla visit Suzuki booth at GAIKINDO 2017 Exhibition
Vice President Jusuf Kalla visit Suzuki booth at GAIKINDO 2017 Exhibition

INDUSTRY.co.id - Jakarta - Gaikindo Indonesia International Auto Show (GIIAS) is back in Indonesia Exhibition (ICE), BSD City, Serpong on 10-20 August 2017. The 12th international exhibition of the year will be the latest range of vehicle products and latest technology Of the world automotive industry.


The Minister of Industry of Airlangga Hartarto hopes that GIIAS 2017, which carries the theme of 'Rise of the Future Mobility', represents the spirit of the Association of Indonesian Automotive Industries (Gaikindo) in building and enlarging the national automotive industry into the future. Where, the progress of Indonesian automotive can be juxtaposed with global level industry.

"We expect this exhibition to have a positive impact in introducing new products and technology trends," Airlangga said in a statement on Sunday (08/13/2017).

According to him, the national automotive industry increased in the second half of this. Which at once proves people's purchasing power is still powerful.

"The third party funds in the banking sector are still large and the industry is still growing, and our economy is still maintained at the level of five percent, meaning that the Indonesian economy is still strong and this will bring optimism to all of us," Airlangga said.
 

In addition, CBU car imports versus exports also increased. In 2015 the surplus of USD 466 million and by the end of 2016 has increased to USD 600 million. It concludes that Indonesia has become a nett exporter of the automotive industry.

While in 2017, the value of investments that have been completed Rp 16.5 trillion. Airlangga ensures that it is important that the automotive industry continues to grow and generate investor confidence in government policy, thus increasing employment by 5,000 people.
 

"Employment in this sector has reached one million people, and directly related to this sector of five million people, so automotive becomes one of the sectors in addition to providing added value also absorb labor," he explained

News Comment

Today's Industry

Ilustrasi PLTGU (Ist)

Selasa, 26 September 2017 - 21:30 WIB

Fulfill Target National Electricity Program, PLTGU Grati Pasuruan Adds Electricity Production Capacity

Pasuruan - Grati Gas Steam Power Plant (PLTGU) in Pasuruan, increasing its electricity production capacity to 1,360 megawatt (MW). The additional capacity of PLTGU Grati is done to fulfill the…

Pembangkit Listrik

Selasa, 26 September 2017 - 21:00 WIB

Second Unit of POWR Power Station is Ready to Supply Cikarang Industrial Estate

Cikarang, PT Cikarang Listrindo Tbk (POWR) confirmed that the second unit of the company's power plant has reached the milestone by successfully generating electricity and has entered the grid.

Kebun Kelapa Sawit (Ist)

Selasa, 26 September 2017 - 20:30 WIB

Indonesia is Ready to Supply Eight Million Tonnes of Palm Oil to Europe

Jakarta- Indonesia is ready to supply up to 8 million tons of sustainable palm oil to the European market to meet demand in the region, which is expected to reach 6 million tons

Perhutani Ajak Masyarakat Peduli Kelestarian Hutan

Selasa, 26 September 2017 - 20:00 WIB

Perhutani Invites People to Care for Forest Conservation in Indonesia FSC Week 2017

Jakarta - On the title of Indonesia FSC Week 2017, President Director of Perum Perhutani Denaldy M Mauna invites wood and community consumers to care for forest sustainability by using products…

Tim Papua Raih Prestasi Tertinggi Pada Ajang Hackathon Pertama di Industri Asuransi

Selasa, 26 September 2017 - 19:30 WIB

The Papuan Team Gained the Highest Achievement at the First Hackathon Event in the Insurance Industry

Jakarta - A digital life insurance company, PT FWD Life Indonesia (FWD Life), announced the winner of the 2017 FWD HACKATHON competition that has created a navigation technology system to find…