Jakarta (ANTARA) - The Industry Ministry expects the American technology giant Apple to invest more than US$100 million in Indonesia.
"From the government’s perspective, of course, we want this investment to be larger," ministry spokesperson Febri Hendri Antoni Arif said on Thursday.
A larger investment would facilitate the development of Indonesia's domestic manufacturing sector, helping the country become a part of Apple’s global supply chain, he emphasized.
In addition, Arif noted that the industry’s presence would positively impact job creation. He also stated that Indonesia’s domestic industry is capable of meeting Apple’s needs for supporting devices, such as chargers and accessories.
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"While we are not yet able to produce semiconductors, if Apple requires them, they could source components from domestic suppliers. Of course, we would be eager to support this. This would create a multiplier effect, particularly in terms of labor absorption in Indonesia," he added.
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The Indonesian government has also invited Apple to establish a research and development center for Industry 4.0, which is focused on artificial intelligence development.
The government’s hopes for increased investment from Apple are based on several factors, including industrial development, sales composition, technological advancements, and the growth of the mobile phone, handheld computer, and tablet industries.
Apple expected to invest over US$100 mln, says ministry
