The government’s Making Indonesia 4.0 strategy was launched in 2018 and outlines steps to enable the country to capitalise on the evolving trends of manufacturing provided by the Fourth Industrial Revolution. These include the application of new digital and automated technologies to improve production processes and service delivery. Key...
With the largest land mass, population and economy in South-east Asia, Indonesia has considerable potential to become the region’s industrial powerhouse. Nevertheless, with a development model traditionally reliant on the export of natural resources rather than processed goods, the Indonesian industrial sector remains below its potential....
Côte d’Ivoire’s burgeoning middle class and economic growth has supported the steady development of the retail sector in recent years. According to the World Bank, the share of Ivorians living on less than $1.90 per day fell from 34% in 2011 to 28% in 2015, the most recent year for which this information is available. In the wake of economic...
Small and medium-sized enterprises (SMEs) are the engines of global economic growth and employment, accounting for an average of 33% of GDP and 45% of the workforce in high-income countries, and over 60% of GDP and 70% of employment in developing economies. In the case of the latter, the rise in the number of SMEs has been crucial to economic...
Côte d’Ivoire has recently attracted a raft of investments that are set to increase the country’s capacity to process its raw agricultural production. These follow government initiatives to develop the agro-industrial segment and boost local value addition, which are among the country’s top economic goals.
Government initiatives to strengthen Côte d’Ivoire’s industrial base have continued to yield results. Following the August 2018 implementation of the new Investment Code, which was modified one year later, companies operating in agro-industry – one of the main pillars of the industrial sector – have invested hundreds of millions of dollars in...
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