“We will also meet with the textile, footwear, and other industries, which require more affordable financing,” Sadewa said during a press conference here on Tuesday.
He added that the government will involve relevant stakeholders, including the Ministry of Industry.
The minister added that the move is part of the government’s active efforts to stimulate the private sector, which is a key driver of the national economy.
“We will truly revive the private sector. The economy will not be driven by the government alone, but also by the private sector. President Prabowo Subianto has instructed this,” he said.
Sadewa noted that the government has been working to ensure all engines of economic growth, including labor-intensive and manufacturing industries, operate optimally to accelerate Indonesia’s economic growth target of 8 percent by 2029.
“Our spirit is to ensure all economic engines are running. We have pushed the demand side, and we are also boosting the manufacturing sector,” he said.
Earlier on Tuesday morning (May 5), Sadewa and Minister of Industry Agus Gumiwang Kartasasmita discussed efforts to increase exports of Indonesian manufactured products.
He said data from Statistics Indonesia (BPS) show that around 75-80 percent of national exports come from manufactured goods. However, most of Indonesia’s manufacturing output is still absorbed by the domestic market.
He noted that this differs from countries such as Vietnam, Thailand, and Malaysia, which have a stronger export orientation in manufacturing.
“We also need to explore the possibility of increasing exports of our products abroad so we can slightly adjust the ratio of manufacturing output, currently 80 percent domestic and 20 percent export, without reducing the domestic portion,” Sadewa remarked.
Related news: Gov't commits to implement policies protecting labours, optimising uni
Related news: Indonesia pushes 4.0 skills to strengthen manufacturing workforce
Related news: May Day 2026: Prabowo announces task force to prevent layoffs
Translator: Arnidhya, Kenzu
Editor: Azis Kurmala
Copyright © ANTARA 2026
