Food Industry Exports Achieving 21.3 Billion US Dollars In Semester I 2022

Minister of Industry, Agus Gumiwang Kartasasmita. (Photo: Doc. Antara)

JAKARTA - Minister of Industry (Menperin) Agus Gumiwang Kartasasmita said the export of the food and beverage industry earned US$21.3 billion in the January-June 2022 period. “ That figure increased 9 percent compared to the same period in 2021 of 19.5 billion US dollars,&rdquo said in a statement from the Minister of Industry in Jakarta, quoted from Antara, Friday, September 9. In the same period, the food and beverage industry contributed 38.38 percent to the non-oil and gas industry GDP so that it became the sub-sector with the largest GDP contribution in Indonesia. Another brilliant performance from the food and beverage industry is being able to attract investment of IDR 21.9 trillion until the second quarter of 2022 and absorb up to 1.1 million people. "We are optimistic that there will be a great contribution to economic growth and many opportunities available as the food and beverage industry continues to grow and become more competitive," said Minister of Industry Agus. Therefore, the Ministry of Industry (Kemenperin) continues to improve the performance of the food and beverage industry through a combination of fiscal and non-fiscal policies. The proposed fiscal incentives include tax holidays, tax allowances, super tax deductions, and Government-borne Imports (BMDTP). The “Incentive is one of the strategies to encourage investment, mastery of technology, and strengthen industrial structures that can be utilized by industrial companies as long as they meet predetermined criteria, the Minister of Industry said. Meanwhile, non-fiscal policies include facilitating the promotion of food and beverage industry products through domestic and foreign exhibitions. In order to follow the direction of the Making Indonesia 4.0 roadmap and the development of digital transformation, the Ministry of Industry is committed to supporting the development of the manufacturing sector through accelerating the implementation of Industry 4.0. This policy is a necessity to transform the industry to be more efficient and able to compete on a regional and global scale, ” he added. One of the priority industries included in the Making Indonesia 4.0 Program is the food and beverage industry, given its great contribution to GDP and high export contributions, as well as relatively large employment. “ With the implementation of Industry 4.0, we hope that the Indonesian food and beverage industry can become a key player in ASEAN, even in Asia,” said the Minister of Industry.