SURABAYA - Indonesia's food and beverage industry (Mamin) has great growth potential because it is supported by abundant natural resources and increasing domestic demand.
The Ministry of Industry noted that after the COVID-19 pandemic, the food and beverage industry was able to grow by 5.82 percent in the third quarter of 2024.
"Above the growth of GDP in the non-oil and gas processing industry which also grew by 4.84 percent and the national GDP by 4.95 percent," said Deputy Minister of Industry (Wamenperin) Faisol Riza during an agenda visit to PT Nestle Indonesia. Kejayan Unit, Pasuruan, East Java, Thursday, December 5.
It is known that the visit of the Deputy Minister of Industry to PT Nestle Indonesia Unit Kejayan with the students is a series of Industrial Festival 2024 activities held by the Ministry of Industry in Surabaya on December 4-5.
In the same period, Faisol said, the food and beverage industry contributed 40.17 percent to the GDP of the non-oil and gas processing industry.
"So, making it the sub-sector with the largest GDP contribution," he said.
Meanwhile, until October 2024, the export of the food and beverage industry was able to reach 33.38 billion US dollars (including palm oil).
So that this industry contributes 20.93 percent to the export of the non-oil and gas processing industry of US $ 159.45 billion.
On the other hand, continued Faisol, the Mamin industry was also able to attract investment of IDR 26.09 trillion to the second quarter of 2024 with an investment value of IDR 895.7 million US dollars and PMDN investment of IDR 16.79 trillion.
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Faisal hopes that PT Nestle Indonesia can strengthen its contribution in supporting national economic growth and can prepare healthy Indonesian people in welcoming Indonesia Gold 2045.
"Through this visit, it is also hoped that it will provide participants with the opportunity to see part of the production process firsthand, hear the story behind product innovation and interact directly with industry players," concluded Faisal.
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