Challenges for Govt to Boost Manufacturing Sector

One of the determining factors of the decline in the index was low diversification of Indonesian manufacturing products.

Kompas/Bahana Patria Gupta

The power plant building at the Java Integrated Industrial and Port Estate (JIIPE), Gresik Regency, East Java, Friday (3/9/2021).

Indonesia still needs improved investment to drive economic productivity in the manufacturing sector. Raising investment also means developing human resources.

JAKARTA, KOMPAS — The government has made efforts to tackle a number of investment barriers in order to increase Indonesia’s economic complexity index (EIC). In addition to the quantity of investment, the quality also needs to be encouraged to effect economic growth.