JAKARTA - Investment is one of the factors driving the growth of the industrial sector, especially in supporting the government's efforts to promote national economic recovery from the impact of the Covid-19 pandemic. The Ministry of Industry is targeting investment in the manufacturing sector to reach IDR 323.56 trillion in 2021, up IDR 58.28 trillion from the 2020 target of IDR 265.28 trillion.
"The government is determined to continue to create a conducive business climate through strategic policies, which can attract foreign and domestic investors so that they are more confident about investing in Indonesia," said Industry Minister Agus Gumiwang Kartasasmita in Jakarta, Sunday (18/4 ).
In line with these efforts, the Ministry of Industry's Director General of Metal, Machinery, Transportation Equipment and Electronics (ILMATE), Taufiek Bawazier conveyed that the government's commitment to encourage increased investment in the industrial sector has been stated in several recently launched regulations.
PT. Pegatron Technology Indonesia, one of the electronics manufacturers from Taiwan that has been operating in Indonesia since 2010 has started to expand in 2019. One of the expansion of its new business is producing other telecommunication equipment.
Pegatron's first business unit in Southeast Asia is located on a one-hectare land, in lot 5 of the Batamindo Industrial Estate, Sungai Beduk District, Batam. At the opening ceremony in 2019, the company employed 40 workers with an investment of USD40 million. This value is an initial investment of the planned USD1.5 billion which will be realized gradually, and at the same time will increase employment.
Until 2021, PT. Pegatron Technology Indonesia has invested US$ 7 million to renovate the factory and around US $ 1 million to procure machinery and equipment, which is currently in the trial production development stage. (LM)