The acceleration of Industry 4.0 in Indonesia could additionally speed up development in the industrial sector thus improving its global competitiveness level.
If this happens, Eko said that Indonesia would realize its goal of becoming one of the top 10 biggest economies in the world in 2030.
Another repeated issue in the country is its import reliance. Eko underlined the Ministry of Industry’s commitment to realizing its import substitution program which has been targeted to reach 35 percent this year.
The program focuses on seven priority sectors namely electronics, automotive, food and beverages, textiles and apparel, pharmaceuticals, medical equipment, and chemical products.
“We have issued restricted bans on registration and licensing, implemented pre-shipment inspection, managed the entry points at ports for certain commodities outside of the Java island and rolled out the “Improving Domestic Production” program”.
(Writers: Ade Miranti Karunia, Elsa Catriana | Editors: Erlangga Djumena, Yoga Sukmana)
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