Description

The manufacturing industry being a growth driver of the economy contributes 26.1 percent to GDP and is a major source of employment in Indonesia. The government adopted the industrial development plans focusing on the priority industries mainly to revive the economic growth and to transform the manufacturing industry. Competition is expected to rise in the region due to the number of free trade agreements. The existing demand supply gap is largely expected to fuel imports in sectors like industrial machinery, electrical and electronics, chemicals, fertilizers. Investment opportunities are envisaged in the small commercial and hybrid car segment, computers, mobile handsets, agro-based chemicals, convenience and health products.