|
Indonesia's manufacturing industry will need at least Rp 30.9
trillion (US$3.3 billion) in new investment to absorb 1.5 million
workers in the coming three years.
"According to the Central Bureau of Statistics, the manufacturing
industry will need total investment of Rp 8.6 trillion in 2007, Rp 10.4
trillion in 2008 and Rp 11.8 trillion in 2009 if it is supposed to
employ 500,000 new workers per annum," Minister of Industry Fahmi Idris
was quoted Wednesday by Antara as saying.
He said that large scale manufacturing companies operating with fiscal
facilities from the government could absorb 300,000 new workers per
annum, while other companies, including small-scale enterprises, could
absorb another 200.000.
Those figures are different from that issued by the Capital Investment
Coordinating Board, the government agency coordinating fiscal
facilities for investors. According to the agency, the number of
workers employed by domestic and foreign investment companies, which
received fiscal facilities reached 264,000 per annum, and that by
non-facility industries and small enterprises more than 300,000.
According to the Minister of Industry, several sectors in the
manufacturing industry need large investments. Producers of machinery
and transportation equipment, for example, need total investments of Rp
4.3 trillion, food, beverages and tobacco Rp 1.7 trillion and
fertilizer, chemicals and rubber Rp 1.2 trillion.
"If we can fulfill the investments required by those sectors, I think
the industry will give significant contribution to employment," said
Fahmi.
Under the National Middle-term Development Plan for 2004-2009, the
industry, with an average growth rate of 8.6 percent a year, is
expected to uptake between 400,000 and 500,000 workers per annum
However, Fahmi said, within the last two years the growth of the
industry reached only 5 percent due to various problems, including
macroeconomic matters such as the fuel price increase in October 2005,
high interest rates and rampant smuggling.
|
