• Newsletter
  • Contact
  • Press Releases
Saturday, June 7, 2025
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Login
  • Register
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
  • Whats on
  • News
  • Events
  • Technology
  • Industry
  • GovAct
  • Expert Talk
  • Insight
  • Sustainability
No Result
View All Result
Stay Ahead with Heaptalk: Your Go-To Source for Business News
No Result
View All Result
Home Industry

Industry Ministry Highlights Industrial Competitiveness in Driving 8% Economic Goals

Haris Sunandar by Haris Sunandar
March 24, 2025
in Industry
0
industry
Share on FacebookShare on Twitter

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.

World Ai Jakarta 2025
World Ai Jakarta 2025

“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.

Tags: Ministry of Industry

Related Posts

Lifree breathable adult diapers can help improve skin health. Credit: Haris

Unicharm research: Lifree improves quality of life for elderly

May 31, 2025
Ritesh Kumar Singh, Director and Chief Commercial Officer of Indosat. (credit: WUlan

Indosat Ooredoo Hutchison announces resignation of Director and CCO Ritesh Kumar Singh

May 28, 2025
From left: Gaery Undarsa, Co-Founder & Chief Marketing Officer of Tiket.com; Ni Luh Puspa, Deputy Minister of Tourism; and Dudi Arisandi, Chief People Officer of Tiket.com, at the Tourism Ministry Office. Credit: Tiket.com

Partnering with Tourism Ministry, Tiket.com expands Tiket Green and Jagoan Pariwisata

May 27, 2025
Citi Indonesia held a press conference on Q1 2025 financial report, including its net profit, in Central Jakarta (05/26). Credit: Sinta

Citi Indonesia posts net profit of US$39.7mn in Q1 2025

May 27, 2025
Shell Indonesia officially sold its fuel retail station business to Citadel Pacific and Sefas Group. Credit: Citadel Pacific

Shell Indonesia sells its fuel stations to Citadel Pacific and Sefas Group

May 26, 2025
Frank & co. highlights Frank Fire in “29 Years of Natural Brilliance” exhibition

Frank & co. highlights Frank Fire in “29 Years of Natural Brilliance” exhibition

May 24, 2025
  • 32321

    New tech layoff chapter, Microsoft lays off thousands of its cloud unit ‘Azure’

    1 shares
    Share 0 Tweet 0
  • Nokia rolls out 6600 5G Ultra

    0 shares
    Share 0 Tweet 0
  • Performing a second layoff round, Morgan Stanley to reduce 3,000 workforces in Q2 2023

    1 shares
    Share 0 Tweet 0
  • TikTok Shop to reach a US$15 billion in its GMV transactions

    1 shares
    Share 0 Tweet 0
  • International Women’s Day – Opportunity for Businesses to Support Women in the Workplace

    0 shares
    Share 0 Tweet 0
the 10th world battery & energy industry expo 2025World Ai Jakarta 2025
Heaptalk business news logo

We Build an Ecosystem by Sharing Business News, Headlines and Expert Talks in Professional Perspective and Positive Point of View. Latest business news media headlines platform today.

Recent Posts

  • Paving the Way for Expatriate Homeownership: Savyavasa and Permata Bank Launch Exclusive Foreign Mortgage Program
  • Equinix completes KL1 Phase 2 data center in Kuala Lumpur
  • Soemitro Center: A platform for Indonesia’s young economists
  • Unicharm research: Lifree improves quality of life for elderly
  • Applying premiumization strategy, Xiaomi gains 64.5% net profit jump in Q1 2025

Follow Us

Facebook
Twitter
LinkedIn Youtube Instagram RSS

Newsletter

  • About Us
  • Editorial
  • Newsletter
  • Contact
  • Privacy Policy
  • Cyber Media Guidelines
  • Disclaimer
  • SOP Perlindungan Wartawan

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
No Result
View All Result
  • Home
  • News
  • Technology
  • Industry
  • GovAct
  • Events
  • Whats on
  • Expert Talk
  • Insight
  • Sustainability
  • Newsletter
  • Press Releases
  • Login
  • Sign Up

© 2024 Heaptalk.com