Wednesday, 12 March 2025 08:57

Labor-Intensive Industries Key to Indonesia’s 8% Economic Growth Target

President Prabowo Subianto's target of 8% economic growth by 2029 relies heavily on contributions from domestic industries, particularly labor-intensive sectors. These industries—spanning manufacturing, agriculture, fisheries, construction, and food processing—not only drive job creation but also help reduce unemployment. To sustain their growth, policies must support workforce absorption and protect against mass layoffs, ensuring long-term economic stability.  


According to DPR RI member Puteri Anetta Komarudin, labor-intensive industries play a strategic role in achieving this goal, employing 13.8% of Indonesia's workforce and contributing 18.9% to the national GDP. However, declining employment in some sectors, such as textiles, poses a challenge. The recent closure of PT Sri Rejeki Isman (Sritex), which resulted in over 10,000 layoffs, highlights the urgency of policy intervention to prevent similar disruptions and safeguard industrial and economic momentum.

Source:
https://www.metrotvnews.com/read/kM6CR32B-industri-padat-karya-jadi-penentu-ekonomi-ri-bisa-tumbuh-8   

 

 

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