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Industry Minister reveals opportunities for industrial cooperation with Germany

16 June 2022 10:23

JAKARTA - President of the Federal Republic of Germany Frank-Walter Steinmeier made a state visit to Indonesia on June 15-17, 2022. During his visit, President Steinmeier attended several agendas related to the development of industrial cooperation between Germany and Indonesia, including the development of digitalization, infrastructure, and sustainability.

“Furthermore, President Steinmeier will visit the Indonesian Digital Industry Center (PIDI 4.0) for two agendas. First, attending the German-Indonesian Business Round Table and reviewing PIDI 4.0, which is the development facility for the implementation of Industry 4.0 built by the Ministry of Industry," said the Minister of Industry in Jakarta, Wednesday (15/6).

The Minister of Industry said that in a round table meeting between German and Indonesian business players, opportunities for cooperation, especially in the industrial sector, would be discussed. "We see that cooperation opportunities in the manufacturing sector that can be developed by Indonesia and Germany include the semiconductor industry, vaccine production, and industrial 4.0 development," he explained.

In the semiconductor industry, investment opportunities are created because Indonesia is a market for electronics and finished electronics products. Furthermore, human resources as well as natural resources in Indonesia are great potentials in the development of the semiconductor industry.

While in the vaccine production industry, there are pharmaceutical companies, including PT Bio Farma (Persero) and PT Biotis Pharmaceutical Indonesia, which are vaccine manufacturers in Indonesia. Cooperation in the field of vaccine production is expected to encourage technology transfer for vaccine development and joint vaccine production that will benefit both parties and contribute to the recovery of the global pandemic. (LM)

 

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