HIMKI pushes for implementation of contribution-based incentives to Indonesia's economy

Jakarta (ANTARA) - The Indonesian Furniture and Handicraft Industry Association (HIMKI) is pushing for the implementation of incentive policies based on contributions to the national economy. In a statement confirmed in Jakarta on Thursday, HIMKI General Chairman Abdul Sobur stated that this step is deemed essential to create a healthy business environment and strengthen the competitiveness of the national industry. According to him, incentives should be granted based on contributions to the national economy, including increases in exports, job creation, technological investments, and strengthening the country’s foreign exchange. “Our view is that incentives should be based on contributions to the national economy, not solely on the status of private or state-owned companies,” he said. In addition, companies investing in new machinery and technology are considered eligible for tax allowances or low-cost financing. HIMKI also advocates for relaxations for industry mergers aimed at improving efficiency and competitiveness. On the other hand, companies or associations building export hubs abroad are seen as needing fiscal support because they have the potential to significantly increase foreign exchange. Abdul Sobur emphasised that the business world in Indonesia must have equality and a healthy level playing field so that national industrialisation targets can be achieved.