Jakarta: Vice President Jusuf Kalla officially opened the Gaikindo Indonesia International Auto Show (GIIAS) 2019 at ICE BSD, Tangerang, Banten on Thursday.
"The automotive industry must improve its export performance. The automitive industry is very influential in the country," Kalla told the participants of the opening ceremony.
"The automotive industry has a long history. It began before the second World War," Kalla remarked.
Initiated by the Indonesian Automotive Industries Association (Gaikindo), GIIAS is the largest automotive exhibition in the country. This year, the theme of the exhibition is "Future in Motion".
The event will be held for 11 days until July 28. It is expected to attract thousands of visitors from all around Indonesia.
Indonesia recorded a trade surplus of USD0.2 billion in June 2019. It was mainly influenced by seasonal factors.
Based on data from the Central Statistics Agency (BPS), the oil and gas sector still recorded a trade deficit of USD966.8 million in June 2019. In the meantime, the non-oil and gas sector managed to record a trade surplus of 1.16 billion last month.
Cumulatively, the oil and gas sector booked a trade deficit of USD4.78 billion in the first semester of 2019. Meanwhile, the non-oil and gas sector posted a trade surplus of USD2.85 billion last semester.