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Jumat, 23 Desember 2011

Auto Industry Leads Industrial Growth

The automotive industry will continue to be one of the main driving factors in the manufacturing sector next year, which is expected to achieve growth of more than 6 percent despite the global economic slowdown.

Industry Minister MS Hidayat said in Jakarta on Friday that the automotive industry recorded a growth rate of 7.01 percent in the third quarter of this year, among the highest in the overall industrial sector.

The growth of the automotive industry is supported by the sharp increase in both motorcycle and car sales. During the period from January to November this year, total car sales reached 813,856 units, more than 6 percent above the 764,710 units recorded in 2010. The industry expects total sales will reach 840,000 units this year.

Meanwhile, motor cycle sales are expected to reach 7.5 million units this year, a 10 percent increase from the 6.8 million units in 2010.

The other driving factors in the industrial sector include the base metal and steel industry which grew 15.3 percent in the first nine months of this year, textiles, leather goods and the footwear industry with 8.63 percent growth and food, beverages and tobacco recording 7.29 percent growth.

Speaking during a year-end briefing at his office, the industry minister said that the country’s industrial sector would grow between 6 percent and 7.1 percent next year despite the global economic slowdown.

He said that the global slowdown as the result of the economic crisis in Europe would probably not have a serious impact on the country’s industrial activities because exports to that region were relatively few compared to other regions.

“We admit that it may affect growth but speaking of the worst case, it would only lower growth by around 0.1 percent to 0.2 percent maximum,” he said, adding that his office would work harder next year in order to be able minimize the impact of the global slowdown.

He said the industry ministry would, for example, revise at least 20 regulations in order to create a more conducive investment climate.

Hidayat said that the revision of the regulations would be needed to support the government’s program to put a priority on the development of six industrial sectors next year.

The six sectors include labor-intensive industries, small and medium-scale industries, capital-goods industries, natural resource-based industries, the automotive industry, and the electronics and telecommunication industries.

The labor intensive industries included the garment and textile industry which was expected to create jobs for at least 300,000 people by 2014, he said,.

He noted that the development of small and medium-scale industries would be a priority on the ministry’s agenda next year to help solve the unemployment problem. Hidayat said that small and medium-scale industries could create at least 120,000 jobs a year. (fem)

Source: http://www.thejakartapost.com/news/2011/12/19/auto-industry-leads-industrial-growth.html

1 komentar:

gclass2011 mengatakan...

This article shows us about some things can happen inside an industries, especially about labor. “Thailand will face a labor shortage next year and a mismatch of market demand and labor supply”. According to that statement, I agree with the step that they will re-employed workers who temporally lost their jobs because of the floods. It can solve a mismatch between market demand and supply.
In my personal opinion, plans to increase the minimum wage is a good idea to solve the demands for sales personnel, engineers and technicians. And i think increase for the salary of newly recruited bureaucrats who hold a bachelor’s degree can make a good effects.
In my view, increase productivity is better than cut down profits because high productivity can be a good opportunity to a company to do some improvement to their products. So, it they can reach more income.
I do not agree with the other choice that said to increasing their product prices. I think it is not good. It can make customers choose the other product than our product. I think customer usually look for the prices, not the improvement. Because, it depends on their financial. Normally prices with a little improvement is better to get attention for them.

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