Picture Source: http://www.theitinerant.co.uk
Indonesian government need the participation of manufacturing sector investment of around IDR 147, 191 trillion per year in order to reach the target of 8.95 percent growth in the industry in 2014.
“It is expected that in the period 2010- 2014 there has been a shift in the industrial deployment to outside of Java ,” said MS Hidayat, the Minister of Industry.
The department of Industry estimates that the total investment fund needed up to 2014 is estimated at IDR 220, 722 trillion. The growth target for industrial sector is 10.4 per cent in 2014.
The total investment fund required for textile industry, leather goods and footwear until 2014 is IDR 63,397 trillion. The inflow of investment will drive the growth of textile industry, leather goods and footwear in 2014 to 5.6 per cent.
The timber industry and other forest products is targeted to grow by 3.7 percent in 2014. Therefore, it would need an investment fund of IDR 4,139 trillion, and of IDR 27, 209 trillion by 2014.
Paper and printing industries in 2014 are targeted to grow by 5.5 per cent with an investment fund needed amounting to IDR 33, 286 billion during 2010-2014.
Fertilizer industries, chemical and rubber products are targeted to grow 8,3% in 2014 if the investment needs from 2010 to 2014 amounting to IDR 94,54 trillion is fulfilled.
The cement and nonmetallic minerals industries in 2014 are targeted to grow by 5.3 per cent with an investment fund needed of IDR 21,342 during 2010-2014.
Basic metal industries, iron and steel in 2014 are targeted to grow by 5.5 percent with an investment fund needed of IDR12,322 trillion during 2010-2014.
The transport equipment, machinery and tools industries in 2014 are targeted to grow by 102 percent with an investment of IDR 247,282 billion during 2010-2014.
Other goods industries in 2014 are targeted to grow by 6.8 percent and require an investment of IDR 6, 245 trillion during 2010-2014.
The government is targeting the development and revitalization of 17 sugar factories to achieve national self- sufficiency. The growth target of those industries is expected to absorb the workforce of approximately 644 855 people per year.
Great event for 50 best Indonesia corporations to present investment opportunity. As an example of investment products that we should enhance their value added are from coal investment to power plant sector, from investment in the textile industry to the apparel industry by making clothes with better design of course and all those investment sectors are rely more on technology carrying capacity.