Jumat, Desember 21, 2018

Making Indonesia 4.0: Five Industrial Sectors Set to Be Prioritized

Industry 4.0, a name given to the current trend of automation and data exchange in manufacturing technologies and which includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing, is currently under the constant scrutiny of the government. Indeed, Airlangga Hartarto, Indonesia’s Minister of Industry, recently expressed his optimism that the Making Indonesia 4.0 program would be realized by 2030.
In order to promote Industry 4.0, the following industrial sectors will be prioritized due to their being top contributors to Indonesia’s Gross Domestic Product (“GDP”) during 2018: 1) Food and beverages: 8.71% growth; 2) Machinery and electronic devices: 4.02% growth; 3) Vehicles: 3.67% growth; 4) Chemicals: 3.40% growth; and 5) Textiles and clothing: 1.64% growth.
In addition to industrial manufacturing, Mr. Hartarto predicts that the digital economy has the potential to contribute USD 150 billion to the overall national economy by 2025.

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Industry 4.0, a name given to the current trend of automation and data exchange in manufacturing technologies and which includes cyber-physical systems, the Internet of things, cloud computing and cognitive computing, is currently under the constant scrutiny of the government. Indeed, Airlangga Hartarto, Indonesia’s Minister of Industry, recently expressed his optimism that the Making Indonesia 4.0 program would be realized by 2030.
In order to promote Industry 4.0, the following industrial sectors will be prioritized due to their being top contributors to Indonesia’s Gross Domestic Product (“GDP”) during 2018: 1) Food and beverages: 8.71% growth; 2) Machinery and electronic devices: 4.02% growth; 3) Vehicles: 3.67% growth; 4) Chemicals: 3.40% growth; and 5) Textiles and clothing: 1.64% growth.
In addition to industrial manufacturing, Mr. Hartarto predicts that the digital economy has the potential to contribute USD 150 billion to the overall national economy by 2025.

......

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