Sign up | Log in



Home  >>   Daily News  >>   Indonesia News  >>   Economy  >>   Indonesian industry galloping ahead of economy
NEWS UPDATES Asean Affairs     11-12 November  2011

Indonesian industry galloping ahead of economy

Indonesia`s industrial growth in the third quarter of 2011 was recorded at 6.98 percent or in excess of the country`s economic growth at 6.54 percent, an industry ministry official said.

The industrial growth figure was the aggregate of a 6.58 percent growth in processing industries and a 1.67 percent growth in the oil and gas industry, said Ansari Bukhari, secretary general of the Industry Ministry in Jakarta on 10 November 2011.

Ansari said most of the industrial growth had happened in the production of metals, iron and steel, transportation equipment, machinery, and industrial equipment besides textiles , leather goods, and footwear.

Ansari said more detailed data on each industry group`s growth was still unavailable.

In the first semester of 2011 two industry groups dominated the growth figure, namely the base metal, iron and steel industries group and the textile, leather goods and footwear industry group which recorded growth rates of 16.88 percent and 9.22 percent respectively

At the same time, the transportation, machinery, and equipment industry group grew only 6.58 percent and the food, beverages and tobacco group 6.73 percent.

"The increase in industrial growth in the third quarter compared to same period last year was spurred by growth in new investment and expansion," Ansari said.

In 2011, PT Astra Daihatsu Motor (ADM) increased its automotive plant capacity, and a South Korean based company was planning to build a petrochemical industry in Cilegon as part of the previous plant expansion investment.

"The South Korean industry which is running under Lotte Group is still waiting for the 60 hectares of land request is granted in Cilegon industrial area," he said.

Ansari is optimistic with the improving national economy condition would attract that foreign investment.

"The improvements of infrastructure readiness and procurement would also attract foreign investors to Indonesia," Ansari said.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
  Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below




1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Today's  Stories    14-15 November  2011 Subsribe Now !
• Ban Ki-moon to visit flood affected Thailand Subcribe: Asean Affairs Global Magazine
• TPP Push: Clinton’s visit to Asean: Asean Affairs Premium

• Closed door meeting: Indonesian President

Research Reports
on Thailand 2007-2008

•Textiles and Garments Industry

•Coffee industry

•Leather and footwear industry

•Shrimp industry

• New life for Malaysia Airlines (MAS)
• Obama’s TPP push to counter china  
• Asean Summit: Key issues finalized
• Direct flights from Australia to Cambodia

• Japanese Oil firm sole operator in Cambodia

• Xayaburi dam controversy continues  
• ‘Vietnam courts US (TPP) and China
• India to showcase more than 60 companies  

Asean Analysis              15 November 2011   

Advertise Your Brand
• Asean Analysis-November 15 Sponsor Our Events

Asean Stock Watch      10 November  2011

• Asean Stock Watch-November 10 p

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent

• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More


Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand