Jakarta, Borneo24.com – The Ministry of Industry (Kemenperin) is targeting the growth of the pharmaceutical industry during the first quarter of 2020 to be above 9 percent or double digit growth.
Director General of the Chemical, Pharmaceutical and Textile Industry (IKFT) of the Ministry of Industry Muhammad Khayam said this was realistic because this performance had been achieved.
“We hope that it will be above 9 percent in the first quarter because in 2015 it had reached 15 percent, but it continues to fall again, now we hope that its contribution to GDP will also increase to 1.13 percent,” he said as quoted by CNNIndonesia, Friday ( 16/4).
Apart from that, continued Khayam, the Ministry of Industry is also targeting the realization of investment in the pharmaceutical, chemical and textile sectors of more than Rp. 11 trillion.
“Last year, the realization (investment) was Rp. 11 trillion. We hope also in 2021, “he explained.
Khayam said, last year, the pharmaceutical, chemical and textile industries as a whole were still concentrated at minus 1.49 percent. However, this position is still better than other non-oil and gas manufacturing sectors, which contracted by an average of -2.52 percent.
“There is even a sub-sector of the chemical and pharmaceutical industry that has grown by 9.3 percent. Then the IKFT sector contribution to total GDP is also large, 4.48 percent, “he explained.
Meanwhile, the realization of sector investment reached IKFT last year which could create jobs for 6.24 million people.
“The realization of IKFT investment last year reached Rp61.97 trillion, dominated by the chemical and chemical industry. The employment of 6.24 million people is absorbed, “he said. (***)
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