Number I | September 2016
Minister Targets Maritime Sector to Contribute 25 Percent by 2027
Coordinating Minister for Maritime Affairs Luhut Binsar Pandjaitan
Coordinating Minister for Maritime Affairs , Luhut Binsar Pandjaitan , is optimistic that the maritime sector will contribute to a 25 percent economic growth throughout the next decade . Previously , Vice President Jusuf Kalla conveyed his wish for the increase of maritime sector contribution
which is currently staying at only 11 percent to increase into 20-25 percent .
The Minister is very optimistic that the productivity can be fixed and more efficient to accelerate the growth . The area that will contribute to the growth of the maritime sector , according to the
Minister , is fishery , tourism , and energy . Currently , he said , from the total market potential of US $ 30 billion , there are only 10 percents of fishery products that can be administered . “ The current condition isn ’ t maximized yet because we ' ve just struggled with the illegal fishing issue . It could be bigger than captured fisheries sector ”, Luhut says that the aquaculture sector possesses a huge potential .
As for the tourism sector , he says that almost all the current tourist destinations have experienced a hike in the number of its tourist visitations . In the energy sector , Luhut will map out the ocean based gas and oil potential this year . Indonesia has only mapped-out 10 percent of its sea potential .
( Source : Tempo )
Indonesia-US Launches Marine Conservation Program
Indonesia and the United States launched the sustainable marine and fisheries conservation program in Indonesia on February 16 , 2017 .
US Ambassador to Indonesia Joseph Donovan , Jr .
Nilanto Perbowo , Director General of Product Competitiveness Improvement at the Ministry of Marine and Fisheries , said that the US $ 40 million ( Rp533 billion ) USAID program will support Indonesia ' s efforts in managing sustainable fisheries and marine biodiversity conservation . The program is also expected to help Indonesia combat illegal , unreported , and unregulated fishing .
Number V / March 2017 | Trade & Investment Bulletin 3