Airlangga said that after his meeting with Singapore’s Minister of Communication and Information, S. Iswaran. Minister of Industry explained that, in the preparation of the implementation of Industry 4.0, the Indonesian government had launched the roadmap of Making Indonesia 4.0 which was inaugurated by the President of Indonesia Joko Widodo.

“So, there is a clear direction for the development of the competitiveness of our manufacturing sector in the future, including our targets,” he said. Based on the Making Indonesia 4.0, there were five manufacturing sectors that will focus on the early stages, which were the food and beverage industry, textiles and apparel, automotive, electronics and chemicals.

“The target is Indonesia will be the seventh strongest economy country in the world in 2030. In fact, in 2050, Indonesia is efforted to be ranked fourth in the world,” he explained. Airlangga believed this digital economic cooperation will make the increase forwardof the economy of Indonesia and Singapore. Furthermore, it will potentially make the increased investment and competence of human resources (HR), and also, the transfer of technology and innovation.

These positive impacts were suit with the 10 national priority steps in Making Indonesia 4.0. “For example, building a national digital infrastructure, improving the quality of human resources, and the development of innovative ecosystems,” he said.

In the effort to support the development of the digital economy in Indonesia, the Ministry of Industry had facilitated through built of incubation buildings for startup businesses, such as Bandung Techno Park, Bali Creative Industry Center (BCIC) or TohpaTI Center, Incubator Business Center in Semarang, Makassar Technopark, and Mobile Design Center in Batam.

For Indonesia-Singapore cooperation, the potential of ideal digital hub location was in Batam, because it was nearest and strategic. “We and also with the private sector boost the development of Nongsa Digital Park in Batam,” said Airlangga. These facilities became the basis of innovation and creativity for Indonesian young generation who wanted to develop software, web, application, film and animation, and also, other digital programs.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.

Email : info@investinindonesia.id

Hotline/Whatsapp : +62812-1000-7112

Office : +6221-80674920

The post Indonesia-Singapore Were Ready to Collaborate to Build ‘Digital Hub’ appeared first on INESIA.

Indonesia is mentioned to be a country that easy to invest and starting a business, that make China interested to invest in.

Representatives from the Chinese Embassy to Indonesia Wang Liping explained that Indonesia is one of the countries that easy doing good business. Therefore China decide to invest in Indonesia. "The regulation in Indonesia is quite good, and the government began to provide convenience such as tax holiday. It is a revolutionary policy to encourage investment in Indonesia," said Wang at the Office of BKPM.

Wang said, one of the area in Indonesia, East Java, is a place that has a high potential for the manufacturing of industry, food and automotive. Except of these sectors, China also invest to e-commerce and digital industries sector in Indonesia.

"E-Commerce in Indonesia is growing very rapidly with big market and population that is why Alibaba, JD and Baidu have started to enter in Indonesia (market)," he explained. Based on the data of BKPM, China is on the seventh position of the top 10 investor countries in Indonesia during 2012-2017 that has 5,365 projects with the amount of investment is US$ 7.8 billion.

Head of Promotion and Investment Services of BKPM of East Java, Andromeda Qomariah, explained that currently East Java is on the second position for the ease of doing business after Jakarta. "We continue to provide the easy way of doing business to attract investment," said Andromeda.

According the data of 2015, the population in East Java was 38.84 million with the area of ​​about 48,039 km. The economic growth in East Java in the fourth quarter of 2017 was at 5.72%. The growth was slow but compare to national growth it is higher. In 2017, foreign capital inflows from China to East Java was US$ 77.04 billion with 335 projects, and created job for 5,407 people.

Source: Antara

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.
Email : info@investinindonesia.id
Hotline/Whatsapp : +62812-1000-7112
Office : +6221-80674920

The post Indonesia Becomes China’s Destination of Investment appeared first on INESIA.

The public must not worry about the arrangement of foreign worker (FW) license that are designed by the government. Therefore, the structuring of FW license will ease the demand of investment, so quickly developing the economy, and creating more jobs.

The Minister of Manpower, Hanif Dhakiri, said the arrangement of FW license also do not mean to ease all foreign workers to enter or exit of Indonesia. It just arranges for the licensing procedure and work permit in Indonesia to be more simple, faster, and accountable.

Hanif also responds to public concern about the easily possibility of FW entering Indonesia, because of the arrangement of FW license. "Do not worry too much, the arrangement of FW license is for the demand of investment so develop the economy and create more job. And, the arrangement does not mean to make the easy. It just makes the licensing to be more simple, faster and accountable," said Hanif on his written statement.

He explains that the arrangement is done for all of licensing procedure of integrated investment through single submission system, either at central or regional level. A lot of investors are hampered because of difficult licensing process when they want to invest in Indonesia.

According to him, a single submission system, will ease the bussines and invest. So it will create more jobs. "We need a lot of investment, both domestically and internationally to create jobs. It is certainly for Indonesia people, not for others," said Hanif.

"The usage of foreign workers are only necessary and still have to meet the qualification. Blue-collar workers who have been banned from entering since earlier will still be banned. So please do not misunderstand," He added.

On the other hand, according to Hanif, the government continues to boost the quality of Indonesian human resources, especially to fill the lack of the position of upper middle level. But there are excess labor (over supply) on lower level. This group need to be given opportunities to improve their skill.

"Our 128 million active workers are still dominated by people who graduate from elementary or junior high school. We are over supply on lower level, but lack on upper middle level. It is the task of government to upgradethe skill of our human resources, good quality, enough quantity, and spread all over the region," he concluded.

Disclaimer: This article is a summary of news articles obtained from a number of mass media. We are not responsible for the accuracy of data or sources of information presented by the mass media that became the reference.

INESIA is an Indonesian Legal Process Outsourcing provider. INESIA has assisted Clients in establishing Foreign Direct Company and Representative Office more than 250 entities with 100% success rate. We also assisted local and multinational companies in handling their corporate legal matters, including providing legal retainer services for day to day business operations.

Contact Us Now to get your legal solution for your business goals.
Email : info@investinindonesia.id
Hotline/Whatsapp : +62812-1000-7112
Office : +6221-80674920

The post The Minister of Manpower: Do Not Worry About Foreign Workers appeared first on INESIA.