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Home arrow Latest News arrow Apindo: Banking and Import Raw Materials Inhibit Industrialization

Apindo: Banking and Import Raw Materials Inhibit Industrialization PDF Print E-mail
Written by Maizer   
Wednesday, 26 September 2018

Industrialization is an important issue in the Indonesian economy today. A senior economist from the University of Indonesia (UI) Faisal Basri some time ago said that the weakening of the rupiah was caused by a weak industry.


Based on data compiled by the CNBC Indonesia research team, the contribution of the manufacturing industry to the Gross Domestic Product (GDP) in 2017 is only 20.16%. This value fell far from the 2008 contribution of 27.81%.


Businessman who are members of the Indonesian Employers Association (Apindo) believe that there are two basic problems that hamper industrialization in the medium term.


Apindo Executive Director Agung Pambudi revealed the first issue that confronted the competitiveness of national industries was the uncompetitive domestic banking cost of funds.


"Banks were late in reducing interest rates yesterday. Credit interest rates are still double digits and we are less competitive. This is a problem when we will increase productivity," said Agung.


The second problem, Agung said, the national industry still depends a lot on imported raw materials. This, he continued, influences the industry's contribution to the economy.


Agung pointed out, the textile industry and textile and pharmaceutical products that are still dependent on imports of cotton, yarn and other raw materials.


"The absorption of labor is a problem here. The government is rather late in responding to this," said Agung.


In addition to these two issues, he stated that there was one problem that needed serious attention if the government wanted industrialization in the long run. The problem is related to employment.


"The quality of our workforce is still a problem. It is relatively difficult to predict how the workforce qualifies in the next 5-10 years when the industry changes rapidly," said Agung.



Apindo: Perbankan dan Bahan Baku Impor Hambat Industrialisasi


Industrialisasi jadi isu penting dalam perekonomian Indonesia saat ini. Ekonom senior dari Universitas Indonesia (UI) Faisal Basri beberapa waktu lalu menuturkan pelemahan rupiah disebabkan industri yang lemah.


Berdasarkan data yang dihimpun tim riset CNBC Indonesia, kontribusi industri manufaktur terhadap Produk Domestik Bruto (PDB) pada 2017 hanya berada di angka 20,16%. Nilai itu turun jauh dari kontribusi 2008 sebesar 27,81%.


Pelaku usaha yang tergabung Asosiasi Pengusaha Indonesia (Apindo) menilai ada dua persoalan dasar yang menghambat industrialisasi dalam jangka menengah.


Direktur Eksekutif Apindo Agung Pambudi mengungkapkan persoalan pertama yang mengadang daya saing industri nasional adalah biaya dana (cost of fund) perbankan dalam negeri yang tidak kompetitif.


"Perbankan terlambat menurunkan suku bunga kemarin. Suku bunga kredit masih dobel digit dan kita kurang kompetitif. Ini menjadi masalah ketika kami akan meningkatkan produktivitas," kata Agung .


Persoalan kedua, Agung mengatakan, industri nasional masih banyak bergantung pada bahan baku impor. Hal ini, lanjutnya, berpengaruh pada kontribusi industri terhadap perekonomian.


Agung mencontohkan, industri tekstil dan produk tekstil serta farmasi yang masih bergantung dari impor kapas, benang, dan bahan baku lainnya.


"Daya serap tenaga kerja menjadi masalah di sini. Pemerintah agak terlambat merespons hal ini," ujar Agung.


Selain dua persoalan itu, dia menyatakan ada satu masalah yang perlu mendapat perhatian serius jika pemerintah menginginkan industrialisasi dalam jangka panjang. Masalah itu terkait ketenagakerjaan.


"Kualitas tenaga kerja kita masih menjadi masalah. Relatif sulit untuk memprediksikan bagaimana kualifikasi tenaga kerja dalam 5-10 tahun ke depan ketika industri mengalami perubahan dengan cepat," kata Agung.


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