Indonesian Political, Business & Finance News

Government Welcomes Investor Collaboration to Meet Local Content Requirements

| Source: GALERT
Jakarta: Deputy Minister of Investment and Downstream Industries/Deputy Head of the Investment Coordinating Board (BKPM) Todotua Pasaribu has expressed appreciation for the collaboration between PT Sat Nusapersada and Lenovo Indonesia, which he said has empowered domestic industry.

He made the remarks while attending the launch of PT Lenovo Indonesia's latest products that have met Local Content Requirement (TKDN) provisions, in Batam (29/4). The new products include the Lenovo K14 Gen 3 and ThinkCentre Neo 50a Gen 5.

"We appreciate the collaboration between PT Sat Nusapersada and Lenovo Indonesia to manufacture two new products in Indonesia, as well as comply with TKDN regulations. It is hoped that this collaboration can enhance the empowerment of domestic industry," said Todotua, as quoted from a press release on Thursday, 1 May 2025.

He added that the government is committed to providing support to investors who have contributed to national economic growth.

This is part of the government's strategy to not only attract new investment, but to provide full facilitation and support to existing investors who have demonstrated their contribution through job creation, technology transfer, and strengthening of local industry.

"The government is here to ensure that investments already made truly receive support to grow and remain sustainable. We give serious attention to investors who have shown a positive impact on the economy, particularly in the regions where they operate," said Todotua.

Batam becomes a manufacturing investment magnet

PT Lenovo Indonesia is a multinational technology company operating in more than 60 countries and selling its products in approximately 180 countries. Since 2019, PT Lenovo Indonesia has partnered with PT Sat Nusapersada (Tbk) in developing its products.

Meanwhile, Batam City, as part of the Riau Islands Province, has long been a magnet for manufacturing sector investment, particularly in electronics. Total realised investment in Riau Islands Province in the first quarter of 2025 reached Rp13.22 trillion, ranking 12th by location.

Of this total, Domestic Direct Investment (PMDN) reached Rp3.69 trillion across 5,001 projects, whilst Foreign Direct Investment (PMA) contributed USD595.65 million across 2,126 projects.
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