Web Exclusive | April 2017
Indonesia’s textile export hits $2 bn
In the two months of early 2017, Indonesia’s textile and textile product (TTP) export have touched $2 billion, or up by 3 per cent compared to the same period in the previous year.
The Ministry of Industry noted that TTP industry’s investment value in 2016 reached IDR7.54 trillion, with a significant foreign exchange gain from the export value of $11.87 billion, as well as employing as much as 17.03 per cent of the total workforce in the manufacturing industry.
The Ministry of Industry is making efforts to facilitate the improvement of human resources through a programme of cooperation that links and match between industrial companies with vocational high schools (SMK). The Ministry is able to invite 117 companies to sign a cooperation agreement with 389 vocational high schools in an effort to run industrial vocational education programmes in the region of Central Java and Yogyakarta.