According to him, coal is an affordable price of energy. However, the coal does not exist in all regions, therefore it needs to be distributed to the areas without coal. “In this case, it does not mean that the price can be cheaper so it needs a balance between the energy and the price. Coal is an affordable price of energy. Compared to renewable energy that can be more expensive than Coal,” he said.

His ministry also confirmed that the government is also committed to developing renewable energy. However, according to energy mix, renewable energy is targeted at 23 percent. While coal is higher than that. “Therefore, coal with renewable energy must be synergized, and coal will still be used and renewable energy will be pushed,” he said.

Reduce Import

Meanwhile the Ministry of Industry has boosted the increase of investment in domestic plastics and rubber industries to strengthen the manufacturing structure to push the positive value and reduce imported raw materials. “Plastics and rubber industry is the backbone that is closely linked to other industries that can support national development,” Secretary General of the Ministry of Industry Haris Munandar said.

In order to attract investors, according to Haris, the government has issued various strategic programs and policies in creating a conducive business condition, and also, providing simplification for some licensing process and starting a business in Indonesia. “For example, incentives for export oriented for labor-intensive industry and the industries that develop innovation and vocation. Ministry of Industry has also facilitated the develop of the several integrated industrial area, especially outside of Java Island, “he said.

The Secretary General has stated that the important role of plastic and rubber products as they are needed by the strategic manufacturing sectors which are integrated among other industries such as food, machinery, automotive, and electronics. “Therefore, based on the regulation ofMinistry of Industry and RIPIN, the government and the stakeholders will synergize in pushing the productivity and competitiveness of the industry,” he said.

The development of plastic and rubber industry in Indonesia is surely quite prospective. Currently the potential of the national plastic industry is supported by 925 companies with total production is reaching 4.68 million tons per year for various plastic products and able to provide jobs for 37,327 people.

“The demand for national plastic products is 4.6 million tons now, increase five percent in the last five years,” Haris said. He also hopes that local plastic products can win the local market and able to compete in international market.

Meanwhile, according to rubber commodities, Indonesia is one of the main producing countries of natural rubber with the production of 4 million tons per year. National natural rubber production can still be increased considering to the potential of the existing land that reaches 3.5 million hectares. Furthermore, supported by research and development (R&D) program conducted by government, educational institutions and private sectors.

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 Indonesian Coal and Rubber Business is Still Promising appeared first on INESIA.

“Recently ponpes has taken a part in encouraging the economic growth, because many of them which have built the cooperatives, develop the various business units, both small and medium scale, and also, have business incubators,” said Minister of Industry Airlangga Hartarto.

Ministry of Industry has intensively carrying out the activities of developing of new industrial entrepreneurs and the development of industrial units in the pesantren. It was called the Santripreneur program. “Almost 70 percent of Indonesian businessmen are in MSME sector. This is a quite strong asset to face the industrial revolution 4.0,” said Airlangga.

Airlangga added that ponpes had great potential to create new entrepreneurs and grow the small and medium industries. “This is certainly a gift from God that we should be grateful for. Our potential is very large that supported by a lot of campuses and pesantrens in Indonesia which is not exist in other countries in the world,” he added.

Based on data from the Ministry of Religious Affairs, during the year 2014-2015, in Indonesia there were 28,961 ponpes spread all of the province which had santri of more than 4 million people. From the total of ponpes, 23,331 ponpes or 80 percent of them were in 4 provinces, which were West Java, East Java, Central Java and Banten.

Minister of industry optimistically said that with the development of the digital era today, the students could be a strategic change agent in building the nation and the Indonesian economy in the future. For that reason, Indonesian santri must study seriously in science, both religion and entrepreneurship. They, the majority of millenial generation, also need to understand the latest technology.

Moreover, in the next 10 years, Indonesia would havethe demographic or momentum bonus when the population was dominated by productive age (ages 15-64 had reached 70 percent). Currently Indonesia’s economy is ranked 16th in the world. We believe, according to aspirations in Making Indonesia 4.0, it can be a country that is in the top 10 of the world’s strongest economies by 2030.

Therefore, the ministry of industry was committed to support the development of national Small Medium Industry (IKM) in the era of digital economy, by building an e-commerce platform called e-Smart IKM. The Government have been working with a number of domestic marketplaces to provide IKM e-Smart workshops to several regions in Indonesia, so santri should also take this opportunity.

Until now, there were 1,730 IKM businessmen who have participated in IKM e-Smart workshops. By 2019, The ministry of industry would target to invite up to 10 thousand IKM businessmen in Indonesia to attend the workshop. Government will also build technology centers to improve the acces of IKM to technology acquisitions and provide the mentoring support to encourage the innovation.

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 Santripreneur Can Contribute to Indonesian Economy appeared first on INESIA.