ADB Ready to Support Indonesia in Building Industry to Create Jobs
The Asian Development Bank (ADB) has stated it is ready to continue working with Indonesia on industrial development to create inclusive and high-value-added jobs. “ADB will continue to work with the Indonesian government to help realise this potential into inclusive and high-value-added jobs for the Indonesian people,” said ADB Country Director for Indonesia Bobur Alimov at the Indonesia Development Talks event held in Jakarta on Thursday. ADB research shows that the manufacturing sector can play a very important role in helping developing economies narrow the productivity gap with more advanced economies. The study highlights the importance of policies that support industrial upgrading, skills development, and investment to help economies transition to higher value-added activities. The findings are in line with UNIDO’s Industrial Development Report 2026, which emphasises the need for targeted industrial policies to strengthen competitiveness and sustain long-term growth. The report cites Indonesia’s efforts to expand domestic mineral resource processing as an example of a policy aimed at increasing value addition and industrial development. Both studies stress that industrial transformation requires more than just investment. Strong institutions, a skilled workforce, adequate infrastructure, and access to financing are essential to help firms grow and compete. “At its core, industrial development is about people. Indonesia is experiencing real momentum in its industrial transformation, and this research shows how far that momentum can drive productivity growth with the right policy choices,” said Bobur. ADB is a leading multilateral development bank supporting sustainable, inclusive, and resilient growth in Asia and the Pacific. Working with its members and partners to address complex challenges together, ADB leverages innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and protect the planet. Founded in 1966, ADB has 69 members, 50 of which are from the Asia and Pacific region.