The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan, said the textile industry also reaped profits when Indonesia's economy grew well. According to Luhut, along with increasing economic growth in Indonesia, the purchasing power of the people and the middle class segment have also grown significantly. This development will provide lucrative market potential for the textile industry in Indonesia. “In addition, the ongoing investment policy reforms have attracted a lot of new investment into the country. The Indonesian government will continue to carry out reforms in these aspects," he said at the New Balance Material Summit, as quoted from a statement in Jakarta on Tuesday.Luhut revealed, after the COVID-19 pandemic, both exports and imports of Indonesian textile products experienced a quite high trend of increasing. The government is also preparing various incentives to maintain the economy of the textile sector and its products. Over the past few years, Indonesia has also shown resilience and strength, especially amidst the global challenges that have occurred over the past few years. Indonesia's economic recovery continues year after year, so that its economy can grow again and reach above 5 percent in 2022. "The implementation of the downstream policy has so far proven to make a significant contribution to the Indonesian economy, by increasing the value of exports, contributing to GDP, improving the balance of trade and employment, developing new growth centers outside Java for equitable development, and so on," he added. Indonesia is advancing its economic transformation, changing from selling crude commodities to products that have added value. Luhut hopes that through this transformation, Indonesia can become a high-income country in 2045.https://www.antaranews.com/berita/3529314/luhut-industri-tekstil-untung-kala-ekonomi-indonesia-tumbuh (ICE GIACARTA)

Fonte notizia: Antaranews.com - 9 Mei 2023