Indonesia’s manufacturing sector has historically played a key role in the country’s economic development and now contributes to 20 percent of GDP.
The government has ambitious plans to propel the country into the top ten biggest economies in the world by 2030, with manufacturing at the heart of this goal. The main areas of production include textiles and garments, food and beverages (F&B), electronics, automotive, and chemicals, with the majority of manufacturers in this sector comprising of micro, small, or medium-sized enterprises.
Indonesian manufacturing maintains two principle advantages: an abundant supply of relatively cheap labor and increasing domestic consumption buoyed by a growing middle-class. Yet the country’s manufacturing potential continues to be limited by a volatile business environment and poor infrastructure.
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