The growth of the non-oil/non-gas commodity processing industry was higher than that of the gross domestic product(GDP) which reached 6.54 percent in the same period.
Jakarta (ANTARA News) - Industry Minister MS Hidayat said on Wednesday the national industry`s performance in the third quarter of 2011 was quite promising, with the non-oil/non-gas commodity processing industry growing 6.98 percent.

The growth of the non-oil/non-gas commodity processing industry was higher than that of the gross domestic product(GDP) which reached 6.54 percent in the same period, he said.

"Cumulatively, the non-oil/non-gas commodity processing industry in the third quarter of 2011 grew by 6.49 percent, well above the growth of the non-oil/non-gas commodity processing industry in 2010 which only reached 5.09 percent. The 6.49 percent growth rate was the highest since 2005," he said.

Until the third quarter of 2011 the base metal and steel industry recorded the highest growth of 15.03 percent among those grouped in the non-oil/non-gas commodity processing industry, he said.

"The textile product and footwear industry expanded by 8.63 percent and the food, beverage and tobacco industry grew by 7.29 percent," he said.

Meanwhile, the non-oil/non-gas commodity processing industry`s export performance also continued to show a positive trend, with non-oil/non gas exports in the January-September 2011 period growing 33.4 percent to US$91.8 billion compared with the same period last year, he said.

Likewise, investment in the industrial sector until the third quarter of 2011 also rose significantly. "Domestic investment totaled Rp52.98 trillion, far higher than Rp25.61 trillion throughout 2010, while foreign investment reached US$14.34 billion, far higher than US$3.36 billion throughout 2010," he said.(*)B003) 14-12-2011 19:29:25

Editor: Heru Purwanto
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