Industry 4.0 is expected to Boost Indonesia’s Largest Economy

Industry 4.0 is expected to Boost Indonesia's Largest Economy

Industry 4.0 – Minister of Industry Agus Gumiwang Kartasasmita said the government had prepared a road map for implementing industry 4.0 as an effort to accelerate the digitization of various domestic industrial sectors. This is in order to realize Indonesia’s target to enter the ranks of the 10 largest economies in the next few years.

 

“Our main goal is to make Indonesia the 10 largest economies in the world by 2030,” he said in a discussion at the West Merdeka Forum 9 (FM B9) entitled “Industry 4.0 Towards Industrial Economic Recovery 4.0 virtually.

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The hope is that industry 4.0 can contribute 10 percent to Gross Domestic Product (GDP), increase productivity, and research and development expenditures are at least 2 percent of GDP. On the other hand, there are also 7 sectors that will be selected by the government in digitizing them, namely food and beverages, textiles and clothing, automotive, chemical, electronics, pharmaceuticals, and medical devices.

 

“These seven sectors were chosen because they have contributed 70 percent of the total manufacturing GDP, 65 percent of manufactured exports, and 60 percent absorption of industrial workers

 

Technological developments that encourage change from the supply side will bring about changes on the business side. This must be realized by the sharia industry in order to keep growing.

 

“There is a movement from offline to online. Communities are connected to one another. Communities are interconnected (by technology). This should be used for industrial development,” he said.

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In addition, the sharia industry must be able to play a role and assist the government in realizing Indonesia 4.0 which is expected to bring Indonesia to become the world’s top 10 countries by 2030.

 

“We hope IAEI can advance the quality of human resources for Islamic economists and also provide constructive policy input to the Government,” said Mustafa. The community, especially students and academics, is also expected to be able to make studies related to sharia economics so that they can contribute policy alternatives to the Government.

 

“Please write a thesis, thesis, dissertation, please write about Islamic economics. So that it can provide an alternative policy to the government.

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