The Indonesian Government recently launched six steps to improve performance of the nation’s manufacturing sector amid decreasing contribution of the sector to the nation's economic growth. The initial focus would be on textile, garment, automotive and footwear sectors and industries that support these, said Bank Indonesia (BI) Governor Perry Warjiyo.
The six steps are logistic distribution improvement, integrated online process to organise investment permit, harmonising the regulation and implementation of industrial policies, improved payment system, green financing and promotion program, according to a news agency report.The Indonesian Government recently launched six steps to improve performance of the nation's manufacturing sector amid decreasing contribution of the sector to the nation's economic growth. The initial focus would be on textile, garment, automotive and footwear sectors and industries that support these, said Bank Indonesia (BI) Governor Perry Warjiyo.#
The manufacturing sector’s contribution to growth was 19.52 per cent in the second quarter this year, lower than 19.8 per cent in the same period last year. (DS)
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