During the first quarter of 2020, the industrial sector accounted for 19.98% of the national gross domestic product (GDP). The exports from manufacturing industry during this period contributed 78.96% of the total national export value which reached US$ 41.78 billion. Not only that, but also the total investment in the manufacturing sector touched Rp64 trillion, which is up to 44.79% year on year. The share of investment in the manufacturing industry is around 30.37% of the total sector’s total investment of Rp 210.7 trillion.
The Ministry of Industry evaluates that the entry of investment will increase the use of domestic components and provide added value to local raw materials. This also includes supporting regional development and job creation. Until now, the total employment of the industrial sector is more than 18.87 million people. Therefore, the Ministry of Industry will encourage investment in the domestic industry sector in the form of domestic investment (PMDN) and foreign investment (PMA). One sector that is being boosted by investment is the pharmaceutical industry because this is in line with the target of independence in the health sector, both the pharmaceutical industry and the medical device industry.