Indonesia to Revitalize Manufacturing Sector to Accelerate Structural Reform and Economic Transformation
Jakarta, The Gulf Observer: The Indonesian government is committed to revitalizing its manufacturing sector as part of its broader strategy to accelerate structural reform and economic transformation, Deputy Finance Minister Thomas Djiwandono announced at the Northstar Equity Partners 18th Annual Conference in Jakarta on Tuesday.
Thomas emphasized that Indonesia is focusing on building a robust economic foundation centered on high value-added sectors capable of generating jobs, reducing poverty, and promoting balanced regional development.
“The government’s priorities also include revitalizing the manufacturing sector and boosting investment in strategic natural resources,” he stated.
Key strategies to achieve this transformation include downstreaming natural resources like strategic minerals and agricultural commodities to enhance their economic value and create new growth opportunities. Additionally, the government is investing in electric vehicle technology, renewable energy, and high-tech industries to increase product complexity and strengthen the manufacturing base.
Indonesia is also advancing structural reforms, emphasizing infrastructure development, human capital enhancement, digital transformation, and the green energy transition.
However, Thomas stressed that Indonesia cannot achieve this ambitious vision alone. “The role of investment in driving innovation, creating jobs, and improving lives is critical. Strategic partnerships will be essential to realizing Indonesia’s long-term resilience and global competitiveness,” he said.
He concluded by inviting global investors to join Indonesia’s transformation journey: “Indonesia’s story is about resilience, opportunity, and transformation. We invite you to be part of this journey, contribute, and benefit from the growth of a country ready to lead in a rapidly changing world.”
This initiative reflects Indonesia’s ambition to position itself as a leading player in the global economy by leveraging innovation, strategic resources, and international collaboration.
