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View all search resultsA senior Industry Ministry official told a House commission meeting on Wednesday that aside from Pindad, other local manufacturers were producing the bulk of 14,000 vehicles ordered for government use.
Investors continue to face overlapping procedures involving multiple ministries and regional governments, which create uncertainty over land rights, permits and environmental approvals, according to the Indonesian Industrial Estate Association (HKI).
The Confederation of Indonesian Trade Unions (KSPI) has partly attributed the production halt and planned shutdown of steelmaker PT Krakatau Osaka Steel (KOS) to muted demand from the Nusantara capital city (IKN) project in East Kalimantan.
Plastic producers say the pressure is most acute upstream, where tight raw material supply and surging prices are driving up costs, forcing manufacturers to absorb them while trying to keep production running.
The Industrial Confidence Index (IKI), a monthly gauge of factory activity published by on Wednesday, came in at 51.75 last month, easing from March’s 51.86 but still above the 50 threshold that separates expansion from contraction.
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