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Home arrow Latest News arrow Investment in Indonesia Will Increase After 2019 Election


				
			
			
Investment in Indonesia Will Increase After 2019 Election PDF Print E-mail
Written by Maizer   
Monday, 22 April 2019

Minister of Industry (Minister of Industry) Airlangga Hartarto believes investment will continue to flow after the 2019 Election and Presidential Election. Especially investment in the industrial sector.

 

Airlangga said, currently the food and beverage industry, textiles and textile products (TPT), as well as footwear are preparing to welcome investment.

 

"This year, the food and beverage industry, textiles and textile products (TPT), and footwear are ready to invest a total of Rp 79 trillion," said Airlangga

 

Airlangga explained, in the food and beverage industry, it would pour in an investment of Rp 63 trillion, up 11 percent from 2018.

 

"Then for the footwear and TPT industries, they prepared investments of Rp. 2.8 trillion and Rp. 14 trillion each, or nearly doubled from the previous year," he said.

 

The Minister of Industry also believes that economic, political and security conditions in Indonesia are still stable and conducive. So that it will support the running of business or industrial activities more aggressively.

 

"Moreover, a number of new policies will be launched to make it easier for business players in Indonesia to continue and continue to do well," he added.

 

In addition, Airlangga also noted that investment in the manufacturing sector continued to grow significantly. In 2014, capital investment amounted to Rp 195.74 trillion, then rose to Rp 222.3 trillion in 2018.

 

This increase in investment boosted employment up to 18.25 million people in 2018, which contributed 14.72 percent to the total national workforce.

 

"From 2015 to 2018, there was an increase of 17.4 percent and this is expected to increase employment in 2019 along with the realization of investment," he said

 

The Ministry of Industry targets, throughout 2019 the growth of the manufacturing industry can reach 5.4 percent. The sub-sector which is expected to grow is high, including the food and beverage industry, the machinery industry, the textile and apparel industry, the leather industry, leather goods, and footwear, as well as the metal, computer and electronic goods industries.

 

 
		
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