Minister of Industry: 2018, A Number of Domestic Industries Ready to Expand

By : Ridwan And Aldi Firhand. A | Saturday, February 03 2018 - 22:08 IWST

Minister of Industry Airlangga Hartarto
Minister of Industry Airlangga Hartarto

INDUSTRY.co.id - Jakarta, Minister of Industry, Airlangga Hartarto, said that several industries in the country are ready to expand their business or expansion by 2018. However, the company is still waiting for certainty regarding the supply of raw materials to support its production increase.

"They are Coca-Cola, Mattel, Cabot Corporation and Cargill, but the raw materials are not regulated, or are not subject to restrictions," the minister said according to official information received in Jakarta on Saturday (3 / 2/2018).

Minister believes that if the ease of importing raw materials is given, especially those that can not be obtained domestically, the expansion and investment in the industrial sector will increase.

"The availability of raw materials can maintain the continuity of industrial production to meet the needs of domestic and export markets," he explained.

Minister added, a number of companies that want to expand it, has a competitive competitiveness in the global arena. For example, Cabot Corporation, the industry that produces raw materials for the tire industry, namely carbon black.

"Yesterday I have met Cabot, and they are in Indonesia for 30 years, the industry is for the structure of the automotive sector, so we have tremendous potential," he said.

"Production of carbon black this company is called the number one in the world," Minister added

Furthermore, Cargill is a company in the field of food that requires corn as raw material.

"Cargill, who makes sweetener from tapioca, can develop a sweetener from maize, especially since their bases are exported," said Minister of Industry.

In addition to spurring national industry more productively, the Ministry of Industry also requested that they be more innovative. Moreover, in facing the era of digital economy and the application of technology of the fourth industrial revolution or Industry 4.0 that has been running at this time.

News Comment

Today's Industry

Images By : Freepik

Sabtu, 14 September 2024 - 16:56 WIB

Essential Tips for Choosing Personal Health Insurance in the US

Choosing the right health insurance plan in the United States can be a complex task, especially with the variety of options available and the ever-changing landscape of healthcare policy. Here…

Images By : Freepik

Sabtu, 14 September 2024 - 16:53 WIB

The Top 10 Insurance Companies in the US for 2024

In the ever-evolving landscape of insurance, selecting the right company can significantly impact your financial security and peace of mind.

Images By : Freepik

Jumat, 13 September 2024 - 15:37 WIB

Why Airbnb Become Popular in 2024?

Airbnb fosters a more interactive experience between hosts and guests. Through direct messaging, guests can inquire about specific details, negotiate pricing, or clarify expectations, which…

Flag of the United Nations Organization.

Kamis, 15 Agustus 2024 - 14:26 WIB

Modena Officially Becomes a Member of the UN Global Compact

Commited to transforming towards sustainable business practices, Modena the global home appliance established over 60 years ago in Italy, officially became a member of the UN Globe Compact (UNGC)…

Totolink outlet. (Photo: Public Relation of Totolink)

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.