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

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