Mari Pangetsu said: “We haven’t seen the growth that we would have liked in the labour-intensive industries.”
I say : Why? What is being done to make a positive change to this problem?
How is it ever possible to expect growth in the labour intensive industries when the Foreign Investement policy is not competitive and remains largely unchanged?
For example, from what has been reported about the Singapore – Kepulauan Riau Industrial Project, the progress is stymied by nonsensical bureaucracy. Much of the blame being fingered at Jakarta.
So, Madam Trade Minister, you cry for growth? That project is right at your doorstep and nothing positive (except for the Agreement signatures from both countries) has happened since.
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