Manufacturing Is Getting More And More Active, Minister Of Industry Agus Gumiwang Namely Industry Growth Reaches 5.5 Percent Next Year

JAKARTA - The domestic manufacturing industry has continued to show stretching since the third quarter of 2021. This stretch is marked by a growth of 6.91 percent. The Minister of Industry, Agus Gumiwang Kartasasmita, said that he is sure that next year's positive performance will continue to be seen in the manufacturing industry.

Furthermore, Agus said, if there is no explosion in the spread of COVID-19 next year, the growth is estimated to reach 5 to 5.5 percent. Therefore, various strategic programs and policies to support the pace of performance of the industrial sector continue to be rolled out in order to create a conducive business climate.

"This year the target (industrial growth) is 4.5 to 5 percent, while next year it is 5 to 5.5 percent," he said in a written statement, Friday, October 8.

Agus said the government will continue to focus on implementing superior programs and policies that can support the performance of the industrial sector. An example is implementing a 35 percent import substitution program by 2022.

According to Agus, the strategic effort was carried out to reduce dependence on imported products while at the same time encouraging the strengthening of the structure of the domestic manufacturing industry. Meanwhile, the policy will be supported by optimizing the program for Increasing the Use of Domestic Products (P3DN).

"This strategy is taken to stimulate investment growth in the import substitution industrial sector and increase the utility of the domestic industry," he said.

Based on the Making Indonesia 4.0 roadmap, Agus said, initially there were five sectors that were development priorities in readiness to enter the industrial era 4.0. However, in the midst of the COVID-19 pandemic, the government added two more sectors to support the national economy.

According to Agus, his big aspiration from the performance of the seven sectors is that Indonesia can become part of the 10 countries that have the strongest economies in the world by 2030.

"The seven potential sectors are the food and beverage, textile and clothing, automotive, electronics, chemical, medical devices and pharmaceutical industries," he said.

For your information, World Bank (World Bank) data shows that throughout 2020 when the COVID-19 pandemic spreads throughout the world, Indonesia is still able to maintain its status as an industrial or manufactured based country with sector contributions (oil and gas and non-oil and gas) to national GDP exceeding 18 percent.

The results are reflected in Indonesia's Manufacturing Value Added (MVA) data which reached US$281 billion or the highest compared to other Southeast Asian (ASEAN) countries.