Jakarta, Indonesia – Industry Minister Agus Gumiwang Kartasasmita has expressed optimism that Apple will fulfill its pledge to invest $1 billion in Indonesia, with a focus on establishing a local production facility. The minister revealed this during the Industrial Fest 2024, stating that the government is actively working with relevant ministries to create a conducive environment for Apple's investment.
"God willing, they (Apple) will choose the first scheme, which involves investing in production facilities," Agus said. He added that the government is currently exploring suitable industrial areas and incentives to facilitate Apple's operations.
The minister emphasized that Apple's decision to invest significantly in Indonesia underscores the government's commitment to fair business practices. This move follows the rejection of a previous, smaller investment proposal that was deemed insufficient compared to Apple's substantial sales figures in the country.
"We see that other manufacturers like Samsung and Xiaomi have made significant investments and established factories in Indonesia," Agus noted. "Apple's $1 billion investment is a strategic move to safeguard its market share and ensure continued access to the Indonesian market."
By establishing a local production facility, Apple aims to meet increasing demand, reduce reliance on imports, and potentially create jobs in Indonesia's manufacturing sector.
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