Jakarta (VNA) – The Indonesian Government isfocusing on expanding industrial parks (IP) across the country in a hope of attracting more investment and promoting the equal development as well as economicgrowth in the country.
According to Minister of Industry Agus Gumiwang Kartasasmita,to this end, the country needs to complete the infrastructure system in IPs,thus increasing attractiveness and competitiveness.
He said that the ministry is working with relevant agenciesto encourage the development of synthetic IPs. He held that Indonesia is stilla major destination of investors around the world.
The expansion of IPs will make duo effects to the national economythanks to the attraction of investment and the increased added value of domesticraw materials, helping create jobs for local labourers and earning more foreigncurrency from exports, the minister said.
He held that the IPs play an important role in promotingthe country’s economic recovery amid COVID-19 impacts, as investment inproduction sector is likely to strengthen industrial activities in the region.
In the first quarter of 2021, Indonesia’s processing sectorattracted over 6 billion USD, up 38 percent year on year.
According to the ministry's DirectorGeneral of industrial security, zoning and international access EkoS.A. Cahyanto, the number and area of Indonesia have risen in the past fiveyears. Particularly, apart from Java, industrial real estate has expanded in 14regions with over 8,664 hectares of additional area in 2020.
Currently, Indonesia has 132 IPs with total area of morethan 57,000 hectares, which have been ready for potential investors, he said./.
According to Minister of Industry Agus Gumiwang Kartasasmita,to this end, the country needs to complete the infrastructure system in IPs,thus increasing attractiveness and competitiveness.
He said that the ministry is working with relevant agenciesto encourage the development of synthetic IPs. He held that Indonesia is stilla major destination of investors around the world.
The expansion of IPs will make duo effects to the national economythanks to the attraction of investment and the increased added value of domesticraw materials, helping create jobs for local labourers and earning more foreigncurrency from exports, the minister said.
He held that the IPs play an important role in promotingthe country’s economic recovery amid COVID-19 impacts, as investment inproduction sector is likely to strengthen industrial activities in the region.
In the first quarter of 2021, Indonesia’s processing sectorattracted over 6 billion USD, up 38 percent year on year.
According to the ministry's DirectorGeneral of industrial security, zoning and international access EkoS.A. Cahyanto, the number and area of Indonesia have risen in the past fiveyears. Particularly, apart from Java, industrial real estate has expanded in 14regions with over 8,664 hectares of additional area in 2020.
Currently, Indonesia has 132 IPs with total area of morethan 57,000 hectares, which have been ready for potential investors, he said./.
VNA
