Abstract

The food and beverage industry, the paper and paper goods industry, and the rubber industry, rubber and plastic goods are leading industries that play an important role in the regional economy of Jambi Province. Therefore, policies are needed to sustain leading industries' growth and development. This research aims to formulate a downstream strategy for the leading processing industry in Jambi province. The method used is the Analytical Network Process (ANP). The analysis results show that the priority strategy in the downstream development of the three leading industries in Jambi Province is optimizing the government's role in policy and funding for the downstream program.

Highlights

  • The manufacturing sector has a vital role in development

  • According to statistics (BPS), in 2019, the industrial sector's growth has decreased from 4.27% to 3.8%, where the industry’s contribution was expected to be substantial in boosting economic growth, reducing poverty, and job creation to reduced unemployment

  • This decline in the contribution and growth of the industrial sector leads to a symptom of de-industrialization

Read more

Summary

Introduction

The manufacturing sector has a vital role in development. The industrial sector has advantages over other sectors with substantial capital values, the ability to absorb a large labor force, and the ability to create added value from each input or raw ingredients that are processed (Nila, 2014). According to statistics (BPS), in 2019, the industrial sector's growth has decreased from 4.27% to 3.8%, where the industry’s contribution was expected to be substantial in boosting economic growth, reducing poverty, and job creation to reduced unemployment. This decline in the contribution and growth of the industrial sector leads to a symptom of de-industrialization. The industrial sector can no longer be expected to be a driving force and play an essential role in the Indonesian economy in the future

Objectives
Methods
Results
Conclusion
Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.