Monday, 15 December 2025 16:59

Industrial Downstreaming Strategy Tipped to Anchor Indonesia's 8% Economic Growth Target

Indonesia is aggressively pursuing its target of 8% economic growth between 2028 and 2029, a goal officials believe is achievable through the comprehensive Industrial Downstreaming Strategy (Hilirisasi). This pivotal policy involves moving beyond raw material exports to deep processing and value-addition of natural resources. According to ministerial statements, this strategy is paramount for integrating high technology and innovation to produce internationally competitive goods. This strategic shift is essential for increasing the nation's foreign exchange earnings, creating a significant number of high-quality jobs, and strengthening Indonesia's position in the global supply chain.

Achieving this ambitious growth requires cross-sector collaboration and specific policy supports. The government is focused on attracting foreign and domestic investment, particularly in capital goods and advanced technology, to modernize the manufacturing base. Furthermore, key supporting pillars include boosting the competitiveness of industrial zones, controlling inflation, and empowering Micro, Small, and Medium Enterprises (MSMEs) to enter export markets through targeted assistance and financing. This strategic focus on investment, technology, and human capital development is designed to ensure the high economic growth translates into reduced inequality and sustainable prosperity across all regions.

Source: https://tv.sinpo.id/detail/ekspor-perikanan-indonesia-tembus-147-negara 

 

 

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