JAKARTA - The investment value of the manufacturing industry during the first quarter of 2020 showed a positive figure amid pressure due to the Covid-19 pandemic. During the first three months of 2020, total investment in the manufacturing sector in the country touched Rp64 trillion, up 44.7% compared to the achievements in the same period the previous year amounting to Rp44.2 trillion.
"In the first quarter of 2020, the investment value of the manufacturing industry made a significant contribution, up to 30.4% of the total investment of the total sector of Rp 210.7 trillion," Industry Minister Agus Gumiwang Kartasasmita said in Jakarta on Monday (4/27).
The Minister of Industry said, the breakdown of the investment value of the manufacturing industry sector in the first quarter of 2020, which came from domestic investment (PMDN) reached Rp19.8 trillion and foreign investment (PMA) amounting to Rp44.2 trillion. The amount of these contributions jumped compared to the acquisition in the same period last year, namely PMDN around Rp16.1 trillion and PMA (Rp28.1 trillion).
As for the manufacturing sectors that deposited significant investment value in the first quarter of 2020, including the Basic Metal Industry, Metal Goods, Non-Machinery and Equipment amounting to Rp24.54 trillion, followed by the Food Industry (Rp11.61 trillion), the Chemical and Pharmaceutical Industry (Rp9.83 trillion), Non-Metallic Mineral Industry (Rp4.34 trillion), and the Rubber and Plastics Industry (Rp3.03 trillion). Furthermore, the investment value of the Paper and Printing Industry is Rp 2.99 trillion, the Motorized Vehicle Industry and Other Transportation Equipment (IDR 2.14 trillion), and the Machinery, Electronics, Medical Instrument, Electrical Equipment, Precision, Optical and Clock Industries (IDR 1.99 trillion). (LM)