REPUBLIKA.CO.ID, BANDUNG - Indonesia's non-oil and gas industry grew 5.56 percent in the first quarter of 2014 or higher than economic growth of 5.21 percent. Secretary General of Ministry of Industry, Ansari Bukhari, said that government targetted the growth of 6.5 percent of national industry in 2014.

"We can grow six percent despite some correction on industrial growth," Bukhari said on Sunday.

A number of industrial sectors will record high growth, such as food and beverage,  transportation, machinery and tools, agricultural and forestry based industries. While Indonesia's controversial ban on mineral ore export will impact on metal sector growth.

Foreign and domestic investment still flow into Indonesia, while domestic consumption is still big.

Based on the ministry's data, the leading industrial sectors in the first quarter of 2014 are food, beverage and tobacco industry (9.47 percent), transportation and industry (6.03 percent), industrial timber industry and forest products (5.17 percent).

Investment in industrial sectors rose 1.73 percent to 11.11 trillion IDR in the first quarter of 2014, compared to same period last year, while foreign investment fell 23.47 percent to 3.49 billion USD. Non-oil export contributed to the trade surplus. It is in line with better global economic conditions. 

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