Jokowi to Leave Indonesia for Two-Day State Visit to South Korea
He said strategic partnership between Indonesia and South Korea would accelerate development of Indonesia`s manufacturing industry and increase the competitiveness of the industry.
Among the potential industries to be included in the cooperation program are metal, automotive, chemical, shipbuilding , electronics and small and medium industries, he said.
He went on to say part of the manufacturing sector are priorities in the road map of Making Indonesia 4.0, which will be the pioneer in the implementation the fourth industrial revolution in Indonesia.
He said he hopes cooperation between the private sector of the two countries would deepen Indonesia`s manufacturing industry.
The minister said he had actively pushed for the implementation of investment commitments by Korean companies in Indonesia.
He cited Lotte Chemical Titan plans to invest US$3.5 billion in Cilegon, Banten, to produce naphtha cracker with a total capacity of 2 million tons a year.
Naphtha is needed as a feedstock in the production of ethylene, propylene and other derivatives to end dependence on import for the basic material, he said. T/RS5/RS1)
.Mi’raj Islamic News Agency (MINA)