Kupang, East Nusa Tenggara (Antara Bali) - The Indonesian Chamber of Commerce and Industry (Kadin) said it would move fast to implement the first phase of economic policy package  announced by the government earlier this week.

President Joko Widodo announceD a policy package on Wednesday  seeking to accelerate economic development and lift the country out of  the protracted slump.

"Kadin strongly supports the policy of the president . The policy is a breakthrough to revive the country's economy," Deputy General Chairman of Kadin Rosan P Roeslani said in a statement here on Friday.

Rosan said Kadin saw the policy as a comprehensive  and effective measure  to avert the impact of the global crisis and recover the country's economy  from the long slump.

The policy gave new breath to the business sector in facing the present difficulties, he added.

He called on the government to also move fast  in implementing the policy package by formulating short term steps to be taken in  cooperation with the  business sector.

He said  there are too many bottlenecks  and hurdles to be removed to facilitate economic  development, pointing to weak industrial competitiveness of the country.

Industrial revitalization has been lagging behind  with program forgotten  for 10 years on being carried away by high prices of primary commodities  earlier, he said.

The problem is worse with the weak  industrial structure of the country  and slow progress made in the development of energy  resources and  heavy dependence on import for basic materials.

Rosan said the manufacturing industry should be developed as a new economic fundamental not only limited to mastery of  manufacturing technology, but the creation of added value of products.

Rosan, who is chairman of the Recapital Group, said there are three industrial sectors that needs emphasis in development  -- agribusiness-based industry, commodity based industry and maritime-based industry.

The Indonesian farmers including livestock farmers and  fishermen  would never live in prosperity if the manufacturing, agricultural and maritime sectors would not recover, he said.

He said Indonesia has comparative advantages in agribusiness, primary commodities and maritime sectors.

"Therefore, we need to concentrate  development of the sector to increase added value for the end products to be offered in the market," he said. (WDY)



: I Gusti Bagus Widyantara

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