Therefore, the strategy needs improvement."Jakarta (ANTARA News) - Indonesia for Global Justice (IGJ) has opined that the downstream industrial strategy of the government to face ASEAN Economic Community (AEC-2015) should be improved.
"The present downstream industrial strategy even has the impact on the loss of Indonesian economic sovereignty and the collapse of national industry. Therefore, the strategy needs improvement," IGJ Chief for Research and Monitoring Rachmi Hertanti said here on Friday.
He said the downstream industrial strategy was on a wrong direction because it was more directed to meet the global market and to rely on its management to foreign parties.
Rachmi noted that in the free competition of AEC-2015, the Government of Indonesia should strengthen its national industry because in reality, it has been dominated by foreign parties.
Based on data from the National Investment Coordinating Board (BKPM), foreign investment was still dominating the primary and secondary industry.
In the primary industrial sector, foreign investment reached Rp109.5 trillion in 2012 and Rp42.3 trillion in 2013 with mining sector was on the highest position.
While in the secondary industrial sector, foreign investment was also still dominating with the total value of Rp63.8 trillion in 2012 and Rp7.5 trillion in 2013 with the basic steel and chemical industrial sectors were on the highest position.
"Indonesia has the largest market and abundant natural resources in ASEAN region, so do not let the two big capitals exploited by other countries," Rachmi warned.
(Uu.O001/F001)
Editor: Priyambodo RH
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