April 14, 2021 | Invest Indonesia

Industry 4.0 to position Indonesia among top 10 economies: Minister

Source from: Antara News

Original News HERE

The government is optimistic of the implementation of Industry 4.0 building Indonesia to rank among the 10 largest economies in 2030, as outlined in the Making Indonesia 4.0 roadmap.

“As conveyed by President Joko Widodo at the opening of the Hannover Messe 2021 Digital Edition, the development of Industry 4.0 would place Indonesia among the top 10 global economies in 2030,” Industry Minister Agus Gumiwang Kartasasmita noted in a statement here on Tuesday.

Kartasasmita believes that the Making Indonesia 4.0 roadmap is a strategic initiative and national agenda aimed at revitalizing the manufacturing sector through the application of the industry 4.0 technology.

The move is expected to boost efficiency and quality of industrial production to bolster its competitiveness in the global market.

“It means that digital transformation is crucial, especially so that it can support and ease public activities amid the pandemic, including in the industry sector,” Kartasasmita noted.

It will additionally spur the industry’s performance to accelerate national economic recovery and boost the people’s welfare.

“In accordance with the president’s guidelines, with the implementation of Industry 4.0, we will materialize the vision of Golden Indonesia in 2045 or a century after Indonesia’s independence,” he affirmed, adding that the industry contributes the most to the national gross domestic product (GDP).

In 2025, the sector is targeted to contribute US$133 billion to the GDP. With a population of 185 million that has internet access, the fourth-largest in the world, Indonesia is the fastest player in digital economy and industry 4.0 in Southeast Asia.

“Moreover, Indonesia has until now 2,193 startups, the fifth-largest in the world. Among those startups, five are unicorn startups and one is a decacorn startup. This is part of our strength toward industry 4.0 that is based on research and innovation,” he noted.

The minister believes that the Hannover Messe 2021 Digital Edition would encourage the transfer of technology through Indonesia’s participation to promote its national industry and connectivity to the global supply chain.

President Joko Widodo (Jokowi) and German Chancellor Angela Merkel jointly opened the Hannover Messe 2021 Digital Edition virtually on Monday evening (April 12).

The world’s largest industrial technology expo is being held on April 12-16, with Indonesia as the official partner country.

Reporter: Sella P Gareta, Sri Haryati
Editor: Fardah Assegaf, Ine