Indonesia's Industry Minister Mohammad S. Hidayat said on Thursday that non-oil and gas industry in the country would grow up between 6.4 to 6.8 percent this year with an estimated export earning of 125 billion U.S. dollars.
The growth in the sector could be contributed to significantly increasing investments from domestic and foreign investors, estimated at 50 trillion rupiah (about 4.1 billion U.S. dollars) and 14 billion U.S. dollars respectively, the minister said.
The manufacturing sector, including automotive, metal and steel, food and beverages, would contribute the most, he added.
Indonesia is to hold legislative and presidential elections in April and July, respectively, this year, which will not affect investors' commitment to investing in the country, the minister said, adding, "Everything works on schedule."
"They (investors) have pledged their commitments to the investment coordination agency that they would materialize their investments this year they had all agreed last year," the minister said on the sidelines of the ministry's internal coordination meeting.
The growth of the non-oil and gas industry would create at least 400,000 job opportunities.
Indonesia posted a non-oil and gas commodity export of 103.02 billion U.S. dollars last year, accounting for 62.22 percent of the country's total export that year.
