JAKARTA - The Ministry of Industry is targeting the realization of investment in the manufacturing industry sector in 2021 to increase to Rp 323.56 trillion. This optimism is supported by the government's efforts to accelerate national economic recovery due to the impact of the Covid-19 pandemic.
"Investment is expected to be a factor driving the growth of the industrial sector in 2021," said Minister of Industry Agus Gumiwang Kartasasmita at the 2020 Year End Press Conference in Jakarta, Monday (28/12).
The Minister of Industry said that several sectors that are still the prima donna of investors to invest in next year, include the food and beverage industry, basic metals, automotive, and electronics.
The Ministry of Industry noted that during January-September 2020, the industrial sector disbursed funds in Indonesia reaching Rp 201.9 trillion or contributing 33 percent of the total national investment value of Rp 611.6 trillion. Investment in the industrial sector in the nine months increased 37% when compared to the same period in 2019 of around Rp 147.3 trillion.
Minister AGK is optimistic that the growth of the non-oil and gas processing industry is projected to increase to 3.95% in 2021. This performance improvement assumes that the Covid-19 pandemic can be controlled and vaccines are in place so that economic activity begins to recover. (LM)