Efforts are gaining pace to give Indonesia’s private sector a larger role in bringing the curricula of the country’s vocational and technical schools closer in line with market demands.
Indonesia
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Economic update | Indonesia Year in Review 2016
30 Jan 2017
Structural reforms coupled with solid macroeconomic fundamentals saw Indonesia continue its positive growth trajectory in 2016.
Steady economic growth, rising disposable income levels and cheaper credit are set to spur activity in Indonesia’s retail sector through to the end of the year and into 2017.
Increased government support and ongoing trade negotiations with the EU are expected to underpin growth in Indonesia’s textiles industry.
Economic view | Ravi Shankar, President Director, Asia Pacific Fibres; and Chairman, Indonesian Synthetic Fibre Makers Association, on the growth potential of the textile industry
22 Sep 2016
RAVI SHANKAR: Indonesia's upstream segment manufactures significant quantities of two raw materials: polyester and rayon. The two major fibres consumed in the textile industry are polyester and cotton, the latter of which is not currently being produced in Indonesia. Polyester production began in 1980, so we have a sizeable industry in Indonesia, but in the last 20 years capacity has mostly been developed in larger countries such as India and China.