Indonesia expects 4% growth in manufacturing sector this year after 2020 slump

Workers assemble Isuzu Traga trucks at the Isuzu factory in East Karawang of West Java in this undated photo. - JP

JAKARTA (The Jakarta Post/ANN): The government has forecast growth of nearly 4 per cent for the manufacturing sector this year, which would mark a turnaround from the slump last year, as the country gears up for a coronavirus vaccination programme.

Industry Minister Agus Gumiwang Kartasasmita said Tuesday that the positive outlook was based on the increase in investment in the sector and promising export figures despite the pandemic severely impacting the industry last year.