"The impact of the unrest that just erupted had yet to be seen," Secretary General of the Industry Ministry Haris Munandar noted in a brief message received here on Thursday.
Nonetheless, Munandar believes that the political tensions would allay before long, and industrial activities would normalize.
"It appears that the political turbulence will soon end. Hence, we do not make any further moves," Munandar remarked.
The government has made continued efforts to create a conducive climate for investors to boost the country's investment performance.
The ministry's data showed that investment in the industry sector in 2017 had totaled Rp274.06 trillion, contributing 39.6 percent to Indonesia's total investment reaching Rp692.8 trillion.
The manufacturing sector recorded the largest investment, with Rp64.74 trillion investment of the food industry; metal, machinery, and electronic industry, Rp64.10 trillion; and chemical and pharmaceutical industry, Rp48.03 trillion.
The ministry has estimated that investment in the industry sector will touch Rp352.16 trillion in 2018 and Rp387.57 trillion in 2019.
The industry sector has absorbed 17.01 million workers in 2017, surpassing the 2016 figure of 15.54 million.
Translator: Sella Panduarsa Gareta, Sri Ha
Editor: Suharto
Copyright © ANTARA 2019
