English Version
ENGLISH
| Friday, 16 November 2018 |
Indonesia Version
INDONESIA
Facebook
Twitter


Friday, 16 November 2018 | 20:08
Govt Introduces New Economic Package to Boost Growth The government launches this policy in hopes of stepping up
direct investments in startups and bolstering up economic
growth.
Friday, 16 November 2018 | 19:22
Wiranto Recalls Late Daughter in Granddaughter`s Funeral Minister Wiranto recollects the life of her late daughter who
died as a child during the funeral procession of his
granddaughter, Ahmad Daniyal.
Indonesia-Sri Lanka Cooperate in Garment Export to Europe
Friday, 14 September, 2018 | 12:24 WIB
Indonesia-Sri Lanka Cooperate in Garment Export to Europe

TEMPO.CO, Jakarta - The Governments of Indonesia and Sri Lanka are committed to following up the agreement on the trade sector, including the clothing export to the European Union.

“The joint effort of apparel export to the European Commission will open access to the European Union market. We must continue our intensive approach so that the proposal can be accepted by the European Union,” President Joko Widodo said on Thursday, September 13.

Based on the Industry Ministry's "Making Indonesia 4.0" program, textile industry and products (TPT) is one of the five manufacturing sectors whose the development is being prioritized as pioneers in the roadmap for the application of the fourth industrial revolution.

This is because the national textile industry has high competitiveness since its manufacturing structure has been integrated from upstream to downstream and its products are also known to have good quality in the international market.

The ministry noted that 30 percent of ready-to-wear garments from the national textile industry is to meet the needs of the domestic market, while 70 percent is for export. The export value reached US$12,58 billion in 2017; a 6 percent increase compared to the previous year. This sector also contributes to Rp150,43 trillion GDP in 2017.

Besides garment export, the Indonesian government also offers cooperation in building railroad facilities and infrastructure in Sri Lanka. “It is not only to sell wagons, but also to offer the making of signaling systems, rails, depots and even stations,” said Minister of Industry Airlangga Hartarto. 

CAESAR AKBAR



via Facebookvia TEMPO ID

Comments


Disclaimer: The views expressed in the comments sections are personal responses that do not represent the editorial policy of tempo.co. Our editorial staff reserves the right to moderate or take down comments that contain harassment, intimidation and discrimination against ethnicity, religion, race, and inter-group relations.