The Ministry Of Industry Prepares Steps So That The Processing Industry Remains Consistent As A Source Of Indonesia's Economic Growth

Spokesperson for the Ministry of Industry (Kemenperin) Febri Hendri Antoni Arif. (Theresia Agatha/VOI)

JAKARTA - The Central Statistics Agency (BPS) said that the processing industry was one of the largest contributors to GDP in February 2024. Its contribution reached 19.28 percent of Indonesia's economic growth.

Responding to this, Spokesperson for the Ministry of Industry (Kemenperin) Febri Hendri Antoni Arif said that his party would consistently maintain this achievement.

Febri said that there are a number of steps that will be taken by the Ministry of Industry to maintain this achievement until the second quarter of 2024.

First, the Ministry of Industry will boost the government's budget. This is because the industrial confidence index (IKI) and the Purchasing Managers' Index (PMI) have decreased.

Febri assessed that this was due to seasonal factors due to the long Eid holiday in 2024.

"In terms of domestic spending, we will increase the level of domestic components (TKDN). Second, we encourage export-oriented industries to increase their production," said Febri when answering VOI questions at the Ministry of Industry office, Jakarta, Monday, May 6.

Then, said Febri, his party is also trying to control the entry of imported goods into the country.

"We hope that controlling imported goods through lartas can affect the domestic industry, can increase utilization, attract domestic investment and can also recruit workers," he said.

Furthermore, Febri said, his party is targeting the contribution of the non-oil and gas processing industry to GDP to reach around 20 percent by the second quarter of 2024.

"What is clear is that we always try so that the contribution of GDP to the non-oil and gas processing industry can reach around 20 percent and then its growth can exceed national economic growth," he added.