Mon, 03 May 2010

Jakarta (ANTARA News) - Indonesia`s electronics industry is expected to grow by 9-10 percent per annum until 2014 and absorb 150,000 new workers, a senior official said.

"We are inviting electronics businesses to invest in this sector, including the digital-based electronics industry," Director General for Transportation Equipment Industry and Telematics (IATT), Budi Darmadi, said here on Sunday.

For this purpose, he said, the government continued to promote infrastructure development and minimize hurdles to investment and business in Indonesia.
"We continue to promote this industry to facilitate investors to make investment in Indonesia," the director general said.

He expressed the government`s hope that the electronics industry would build research and development facilities in the country so that it would be closer to the domestic market in an effort to increase its competitive edge.

Budi said that at present there were about 230 electronics companies in Indonesia. The government continued to provide incentives for the building of electronics industries at home.

In the meantime chairman of the Indonesian Chamber of Commerce and Industry (Kadin) for industry, research and technology affairs, Rachmat Gobel, said that the investment potential in Indonesia was still big.

He said that Indonesia with a population of 230 million had a large market. (*)