We have seen that digitalization has increased the (quality) of the industrial sector, such as by minimizing the impact on the environment
The G20 Trade, Investment, and Industry Working Group (TIIWG) could help realize sustainable and inclusive industrialization, Industry Minister Agus Gumiwang Kartasasmita has said.
"This alignment will also create a stronger, more resilient, sustainable, and inclusive economy by utilizing the potential of sustainable and inclusive industrialization," he added at a high-level forum on trade, investment, and industry, according to a statement received here on Wednesday.
TIIWG is as an important forum for generating ideas for strategies to push economic recovery. This requires the alignment of trade, investment, and industrial policies toward the sustainable development goals.
The minister said that the crises arising from the COVID-19 pandemic over the past two years have put the spotlight on the industrial sector's contribution to the world economy, namely as a provider of goods and employment, and as a driver of innovation.
"This is a new lesson for us to better overcome global challenges in the future. Of course, the challenges we face have been met with various digital technology innovations for the industry," he added.
Not only the economic sector or the manufacturing industry, but other sectors, such as agriculture, energy, and health, have also seized the opportunities presented by digitalization to increase production efficiency and quality.
"We have seen that digitalization has increased the (quality) of the industrial sector, such as by minimizing the impact on the environment. This has also helped promote the process of achieving the SDGs by encouraging sustainable economic growth," he pointed out.
He said the national manufacturing industry sector has put in efforts to implement digitalization and automation so that it is better prepared for addressing crises.
"Nevertheless, the transformation toward Industry 4.0 has often (been impeded by) several challenges, especially in terms of social inclusion and equal access to the use of advanced technology," Kartasasmita added.
Thus, one of the focuses of this year's TIIWG G20 has been an integrated approach to advancing Industry 4.0 and facilitating a systems approach for digital innovation and transformation.
"Overall, the goal is to establish a middle ground in accelerating inclusive and sustainable industrialization," the minister said.
To meet that end, a comprehensive and coherent Industrial 4.0 ecosystem needs to be established through collaboration between stakeholders by building networks and cooperation.
"We want to urge G20 members to improve communication and collaboration for overcoming collective challenges and supporting inclusive and sustainable industrialization and promoting global economic recovery," he said.
There have been varying viewpoints and degrees of support from G20 member countries to include the latest industry issues at the TIIWG forum, he added.
"However, we really hope for everyone's support in pursuing industrial issues at the G20 forum to achieve our collective goal, namely recovering together, recovering stronger," he remarked.
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