Domestic Component Expenditure Increases to IDR 23.7 Trillion, SIG Won The Best P3DN Appreciation from the Ministry of Industry

PT Semen Indonesia (Persero) Tbk (SIG) won the 2024 Domestic Product Use Award (P3DN) as the Best Domestic Product User in the State-Owned Enterprise (BUMN) category from the Ministry of Industry. This achievement makes SIG as the state-owned company that has won P3DN two years in a row, after winning award in the same category in 2023.

The award was handed over by the Minister of Industry, Agus Gumiwang Kartasasmita to the Director of Supply Chain SIG, Yosviandri in a series of 2024 Business Matching on Domestic Product Expenditure events organized by the Ministry of Industry at The Meru Sanur, Bali, on Thursday (3/7/2024).

The Coordinating Minister for Maritime Affairs and Investment, Luhut Binsar Pandjaitan expressed his appreciation to ministries, institutions, regional governments, BUMN and BUMD for the efforts to increase expenditure on domestic products, and hoped that this award would boost the enthusiasm to improve the implementation of policy on domestic product expenditure.

"We hope that this PDN affirmative action will encourage industrialization so that it contributes to GDP (Gross Domestic Product), towards Indonesia Maju 2045," said Luhut Binsar Pandjaitan.

Meanwhile, SIG Supply Chain Director, Yosviandri said SIG expressed its gratitude for the government's appreciation for the Company's commitment and consistency in using domestic products in operational activities to support the progress of the country's industry.

"SIG opens up broad opportunities for large industries and domestic small-medium businesses to become part of the SIG supply chain. To increase the achievements of the Domestic Component Level (TKDN), SIG also provides guidance and assistance for MSMEs so that they are able to supply products that are technically and economically reliable according to quality, cost and delivery standards," said Yosviandri.

According to Yosviandri, SIG's domestic products expenditure continues to increase. In 2023, SIG and its subsidiaries recorded the realization on domestic product expenditure of IDR 23,742 trillion or reaching 92.92% of the total expenditure on goods and services of IDR 25,552 trillion. This achievement increased by 6.4% compared to the same post in 2022 amounting to IDR 22,317 trillion.

"Domestic products expenditure is a strategic step to build a sovereign and independent Indonesian industry. In this way, it is hoped that many job opportunities will be opened so that it will support the government in reducing poverty and accelerating national economic growth," concluded Yosviandri.