Indonesian Political, Business & Finance News

Apple Commits to Increasing Investment Value in Indonesia

| Source: GALERT
JAKARTA — Investment and Downstreaming Minister/Head of the Investment Coordinating Board (BKPM) Rosan Roeslani stated that leading American technology company Apple has committed to increasing its investment value in Indonesia.

Rosan said in Jakarta on Tuesday that the commitment was conveyed by Apple based on communications conducted after the company committed to building an AirTag production facility in Batam.

"We can see that Apple's investment, based on our communications with them, will increase. It will increase," he said.

Rosan explained that, following up on this matter, the institution he leads has established communications with three Apple vendors to invest in the country.

Additionally, he noted that Chinese company Huayou is known to be one of the component suppliers for Apple products. Accordingly, his office has also requested that the company intensively focus its production in Indonesia.

"So later, Indonesia will also be able to supply Apple with components, and these will be exempted from tariffs," he added.

Previously, Rosan had stated that an Apple vendor factory has begun construction in Batam, where the vendor will supply 65 per cent of the world's AirTag requirements. According to him, the investment is valued at US$1 billion, equivalent to approximately Rp16 trillion, with the potential to create up to 2,000 jobs. The investment will continue to be encouraged until it reaches US$10 billion. The vendor factory is targeted for completion in early 2026.
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