Heaptalk, Jakarta — Deputy Minister of Industry Faisol Riza stated in his speech in Jakarta on Tuesday (March 18) that the competitiveness of industrial zones could drive the economic growth target up to 8%.
“Currently, we have 168 operational industrial zones. We must ensure that competitiveness and investment continue to increase to achieve the 8% economic growth target by 2029,” said Deputy Minister Faisol Riza.
He emphasized that industrial zones are not merely locations for industries but serve as central ecosystems for industrialization that enhance national productivity.
“The performance of the non-oil and gas manufacturing sector remains a pillar of Indonesia’s economy. In 2024, this sector continues to be the largest contributor to the national GDP at 17.16%, with a growth rate of 4.75%, and the highest tax revenue contributor, reaching 25.84%,” said Faisol Riza.
This achievement demonstrates that the non-oil and gas manufacturing sector plays a vital role in the national economy, serving as a key sector for value creation and job creation.
Director General of Industrial Resilience, Regional Development, and International Industrial Access (KPAII) at the Ministry of Industry, Tri Supondy, outlined strategic policies to strengthen industrial zones supporting Asta Cita. “Over the next five years, industrial zones will become new growth centers integrated with priority industries based on downstream processing and high technology,” he stated.
As outlined in the National Medium-Term Development Plan (RPJMN) 2025-2029, the assumed GDP value of the non-oil and gas manufacturing sector in 2024 stands at 5.3%. The sector’s GDP growth is projected to gradually increase over the next five years, targeting a growth rate of 8.59%.
Meanwhile, Sanny Iskandar, Chairman of the Indonesian Industrial Estates Association (HKI), emphasized the importance of establishing a more integrated industrial ecosystem. “Industrial zones must become strong industrialization hubs. Partnerships between the government, manufacturers, and the financial sector will accelerate a more competitive industrial transformation,” he stated.
