JICA Give a Recommendation to Indonesia on Promotion for Globally Competitive Industry
In his speech, Minister Bambang welcomed this discussion on policy recommendations resulting from a study that began in mid-2016. "Through today's discussions, hoped that they will be able to raise understanding and commitment among each GOI agency, especially in addressing the development of the sector national industry. I hope the results of this study contribute to the sharpening of national industrial development policy, "he said.
Minister Bambang explained the development of national industry is directed to solve three major problems. First, the stagnation of industrial labour productivity. IMF data shows Indonesia's labour productivity has stagnated for more than a decade, while China and India are experiencing rapid increases. Second, national industrial competitiveness. The increase in Indonesia's Incremental Capital-Output Ratio (ICOR) reflects the weakening of capital use due to the lack of optimal banking intermediation function and limited access to finance for the community. Third, Indonesia's exports of manufactured products are dominated by low-tech products. The low proportion of exports with high tech content indicates that Indonesia has not participated optimally in the global value chain.
Minister Bambang encouraged efforts to increase the diversity and complexity of Indonesia's export products in order to compete in the global market. The empirical study proves that the level of complexity and diversity of a country's export products has a positive correlation with the per capita income level of a country. Based on Atlas of Economic Complexity data published by Harvard University, Indonesia's exported products have limited variety, dominated by commodity-based products, and have limited forward and backward linkage with other sectors. This makes Indonesia has not been able to produce new products with higher technology.
Currently, Indonesia is also facing the biggest challenges in the Information, Communication, and Technology (ICT) sector. ICT ratings Indonesia can be quite good, but its growth has not been able to meet the needs of access to national ICT infrastructure and the use of individual ICT. In addition, the government also needs to ensure the development of national industry must be in line with technological developments, both used producers and consumers. The projection of ING Economics shows the development of electric car technology is very rapid, until estimated in 2030 conventional automotive market in Europe worth $ 200 billion will be lost and replaced completely by the electric car market. According to Minister Bambang, the development of ICT and digital innovation can be an opportunity for Indonesia to increase national economic productivity.
In the Government Work Plan (RKP) 2019, the government targets the national industrial sector to grow within the range of 5.1 to 5.6 percent. To achieve these targets and push the national industry forward, the government will focus on several strategic issues, such as manufacturing value added, business climate, productivity, technological content and export of manufactured products. The work plan that supports the development of national industry in the National Priority 3: "Increasing the Value Added Economy and Employment Creation through Agriculture, Industry, Tourism and Other Productive Services", among others: (1) development of UMKM industry-based agriculture, development of upstream industries, supporting industries and industrial zoning, (3) increase of manufacturing exports, (4) development of industrial human resources competencies through vocational education, and (5) enhancement of industrial research and development.
Especially for industrial research and development activities, the government is currently preparing industrial investment incentive schemes, one of which is tax deduction incentives through tax holiday facilities, tax allowance, and import duty. Minister Bambang said the national industry development strategy becomes the basic capital in achieving the target of the development vision of Indonesia in 2045 as a country with high income level. The industrial sector is expected to be the main driver of the national economy with average growth reaching 7.8 percent per year and contribution to the economy by 32 percent.
red viagra 200mg pills generic benefits of vitamin e viagra cvs cialis effective time tadalafil generic
prednisone hunger prednisone 105 why does prednisone make you hungry how to lose weight after prednisone
furosemide toxicity furosemide 40 peaked t waves from furosemide a nurse is caring for a client who is taking furosemide
zithromax suspension dosing zithromax online no prescription is azithromycin an over the counter drug how to take azithromycin 500mg
neurontin usage can neurontin cause difficulty speaking how long does it take gabapentin to work
amoxicillin 400mg 5ml amoxil for ur urinary tract infection amoxil 250mg tid with dialysis
azithromycin adverse effects zithromax tablet 500mg dosage of azithromycin to treat bv what is azithromycin 600 mg used for
fda approved viagra doctor x viagra teva sildenafil 100 mg female viagra testimonials is generic cialis safe generic viagra 100mg sildenafil viagra women hydrocodone 10 325 for sale grant pharmacy viagra best male enhancement pills at gnc viagra tablets australia viagra 200mg pills generic sildenafil vs viagra vs cialis cost of 5mg cialis red viagra tablets what does viagra cost at walmart how long will viagra last viagra 100mg pills for sale viagra gum why no semen with flomax viagra before and after photos pink ladies hairstyles viagra pills for 99 dollars viagra tablets effects of viagra pictures does walgreens accept goodrx coupons viagra danger myths walmart pharmacy generic list buy generic drugs from india india pharmacies shipping to usa viagra para mujer ways to prevent headaches do you need a prescription for sildenafil
prednisone and ibuprofen prednisone tablets india can you just stop taking prednisone how to stimulate adrenal glands after prednisone
prednisone and pneumonia prednisone 20 mg tablets coupon high dosage of prednisone side effects what side effects does prednisone have
omeprazole lawsuits for kidney failure supplements to increase female libido side effects of female viagra viagra kopen the pink ladies in grease totally free erectile dysfunction samples
zithromax vs augmentin azithromycin uk how much does azithromycin cost azithromycin strep throat how long
lasix rob holland lasix 20 mg tablet price in india furosemide uses and side effects how furosemide affects cholesterol
viagra 100mg pill on ebay generic viagra company women viagra generic cialis available united states sunscreen samples
purpose of lasix buy furosimide how fast does furosemide work how to deal with a dog on lasix
plaquenil and arthritis hydroxychloroquine 200mg tablets plaquenil hair loss side effect what is the correct icd 10 code for plaquenil
priligy purchase buy priligy online pharmacy why mix sildenafil with dapoxetine what is priligy dapoxetine
amoxicillin / clavulanate amoxicillin 500mg online 500mg amoxicillin amoxicillin rash
menopause supplements at gnc blue pill viagra generic pfizer viagra price sildenafil 20 mg tablet normal ed dosage sildenafil patient assistance program