Government committed to building sustainable economy: Trade minister

03-Dec-2021 Intellasia | AntaraNews | 5:02 AM Print This Post

Trade minister Muhammad Lutfi on Thursday reiterated Indonesia’s commitment to applying the sustainable economy concept despite the current uncertainty in global trade.

“Indonesia is responsible for not only Indonesian goods, but also forests as the foothold for the nation in the present and future times,” Lutfi said at the launch of PT Asia Pacific Rayon’s (APR) viscose rayon production for the domestic and global markets in Pangkalan Kerinci sub-district, Pelalawan district, Riau, according to a statement released here on Thursday.

Lutfi simultaneously launched the export of PaperOne, a brand of office paper produced by PT Riau Andalan Pulp and Paper (RAPP). The product is being exported to more than 75 countries, with the total export volume pegged at 755 thousand tonnes, he noted.

The event was attended by vice Governor of Riau, Edy Natar Nasution, Pelalawan district head Zukri Misran, RGE managing director Anderson Tanoto, COO APRIL Eduward Ginting, and APR director Basrie Kamba.

The government will continue to maintain a favourable climate for trade to increase exports and recover the national economy, Lutfi assured.

“In addition, the trade ministry will continue to maintain a favourable trade situation to penetrate the global market and maintain a sustainable supply for the domestic market,” he added.

Meanwhile, Riau vice Governor Edy Natar Nasution said the export marks the recovery of Riau’s economy.

“The presence of a rayon factory in Riau is expected to increase the province’s gross domestic product by 1.49 percent from the non-oil and gas sector and encourage small and medium industries in several business sectors involved in factory activities. This can have a multiplier effect on sustainable economic development in Riau,” Nasution elaborated.

APRIL COO Eduward Ginting said that despite pressures from the COVID-19 pandemic situation, APR’s viscose rayon production and marketing have shown a positive performance.

“The launching of viscose rayon product is a new achievement for APR in its effort to strengthen the national textile industry while reducing dependence on imports of textile raw materials,” he added.

https://en.antaranews.com/news/202505/govt-committed-to-building-sustainable-economy-trade-minister

 

Category: Indonesia

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