JAKARTA - The processing industry is increasingly disbursing funds to increase capacity and make Indonesia a production base, in an effort to meet the needs of the domestic and export markets. This is reflected in the realization of investment in the industrial sector which reached Rp230.8 trillion or contributed 39.5% of the total investment value which reached Rp584.6 trillion in the first semester of 2022.
"The manufacturing industry sector has an investment value of Rp167.1 trillion in the first semester of 2021, to Rp230.8 trillion in the first half of 2022, or a double digit increase of 38 percent," said Industry Minister Agus Gumiwang Kartasasmita in Jakarta, Saturday (23/23).
The Minister of Industry explained that so far, increased investment in the industrial sector has always provided a broad multiplier effect for the national economy. In addition to increasing foreign exchange and employment, it will also strengthen the domestic manufacturing structure so that industries in Indonesia can be more competitive on the global stage.
Referring to data from the Ministry of Investment / Investment Coordinating Board (BKPM), in January-June 2022, domestic investment (PMDN) in the industrial sector was IDR 65.2 trillion or contributed 23.8% of the total PMDN which reached IDR 274.2 trillion. Meanwhile, foreign investment (PMA) in the industrial sector penetrated Rp. 165.6 trillion or contributed the highest at 53.4% of the total FDI which reached Rp. 310.4 trillion.
During the first semester of 2022, the manufacturing sector that contributed the most to the achievement of PMDN was the food industry with a value of Rp. 24.2 trillion, up 8.8% year-on-year (year-on-year). Furthermore, for FDI achievements, the largest contribution from the manufacturing sector was the basic metal, metal goods, non-machinery and equipment industry which reached USD 5.7 billion or an increase of 26.3% (YoY) and the chemical and pharmaceutical industry which amounted to USD 1.8 billion or up 8.1% (YoY). (LM)