JAKARTA - The government is focusing on hoisting the value of investment to strengthen the structure of the national economy. One sector that plays an important role is the manufacturing industry, because its growth will increase foreign exchange earnings and create jobs.
"President Joko Widodo said that the development of the industrial sector especially manufacturing is very important for a country. Because, he is indeed an industrialist, so he knows very well the needs or constraints of industry players," said Industry Minister Agus Gumiwang Kartasasmita in Jakarta, Monday (3/2).
Furthermore, every government’s strategic policy, especially related to efforts to spur economic growth, must impact on creating a conducive business climate. This step is believed to increase the confidence of investors who want to invest their capital in Indonesia.
The Minister of Industry emphasized that his party was determined to control the value of national investment, by actively inviting and escorting a number of potential industry players to immediately realize their investment in Indonesia. This will be able to boost the rate of economic growth, reduce the current account deficit, strengthen the structure of the domestic manufacturing industry, encourage downstreaming, produce import substitution products, increase the value of exports, and reduce unemployment. (LM)