Friday, 31 March 2023 07:29

Revving Up the Competition: Ministry of Industry Drives Support for Indonesia's Automotive Industry

The Ministry of Industry is making efforts to boost the competitiveness of Indonesia's automotive industry by facilitating the development of an electric vehicle ecosystem. The development of this ecosystem is not limited to just producing electric vehicles, but also includes supporting components, infrastructure, and regulations. The Ministry is providing incentives for investment, research and development, and production of EVs and supporting components, and is collaborating with related institutions to accelerate the development of EV infrastructure.

This effort aligns with the government's plan to promote electric vehicles as an alternative to conventional vehicles, which would reduce the country's dependence on imported fossil fuels and lower carbon emissions. The Ministry is also implementing other policies, such as the Industry 4.0 roadmap and the Making Indonesia 4.0 program, to strengthen the national automotive industry's competitiveness. These efforts are expected to have a positive impact on the national economy by increasing exports and creating job opportunities.

Source:
https://www.pajak.com/ekonomi/kemenperin-topang-daya-saing-industri-otomotif/

 

 

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