Jakarta, March 20 -- President Prabowo Subianto has instructed ministers to simplify the licensing process for investors in the textile and textile products sector given its significant contribution to national economic growth.

This was conveyed by Coordinating Minister for Economic Affairs Airlangga Hartarto after a meeting with the Cabinet and the National Economic Council (DEN) in Jakarta on Wednesday.

"There is a need for improvements in licensing because there are still investors who want to enter the textile and textile product sector," he told the press at the Presidential Office.

He said that the textiles and garment sectors drive Indonesia's economy, with export values exceeding US$2 billion per year, and employ nearly four mi...