The Indonesian Manufacturing Industry Becomes the Soft Target of Taiwan Investment

By : Ridwan And Aldi Firhand. A | Thursday, August 09 2018 - 22:54 IWST

Plastic Manufacture
Plastic Manufacture

INDUSTRY.co.id - Jakarta, Taiwan is increasingly serious about exploring opportunities for cooperation with Indonesia in the manufacturing sector to strengthen the economy of the two countries.

The manufacturing sector has the potential to be collaborated, including the shipping industry, metal processing, ICT & Smart City and food technology.

"If we look at the trade balance, Indonesia has a surplus against Taiwan. However, there is still a great opportunity to improve our trade balance by optimizing industrial resources so that they can complement one another, "said Director General of International Access and Industrial Access (KPAII), I Gusti Putu Suryawirawan, in Jakarta, Thursday (08/08/2018) .

In 2017, the total trade between the two countries reached USD 7.4 billion and Taiwan ranked 11th as a global import and export trade partner of Indonesia.

Meanwhile, Indonesia's direct investment in Taiwan amounted to USD32.2 billion. Meanwhile, Taiwan's direct investment in Indonesia is around USD 397 million, making Taiwan the 14th largest investor in Indonesia.

Putu said, Taiwanese industry players are encouraged to continue to increase their investment while partnering with entrepreneurs in Indonesia so that Indonesia is expected to become a production base for both domestic and international markets.

The availability of an integrated industrial area, including those outside Java, is a major investment potential for Taiwan. When viewed from the potential of the manufacturing sector with the characteristics of industrial estates, for example shipping companies have the opportunity to invest in the JIIPE Gresik industrial area or in Tenggamus.

Meanwhile, food processing and biotechnology producers can operate in the Kendal industrial area, Batamindo or Sei Mangkei.

"Furthermore, we also invite Taiwanese companies in Indonesia to actively participate in creating the Making Indonesia 4.0 roadmap in an effort to enter the digital economy era," he said.

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.