Friday, December 20, 2024

Minister lobbies Apple CEO to build factory in Indonesia: Components are ready

Reading Time: 2 minutes
Audina Nur

Journalist

Editor

Interview

Indonesian Minister of Industry, Agus Gumiwang Kartasasmita, said that the government continues to push for Apple Inc.’s commitment to build a factory in Indonesia.

This was conveyed by the minister after accompanying President Joko “Jokowi” Widodo in a meeting with CEO of Apple Inc. Tim Cook at the Merdeka Palace on Wednesday, April 17, 2024.

GUS affirmed that the topic was discussed UPON consideration that the industry in Indonesia already has a complete ecosystem for mobile phone components.

“That [commitment to build a factory] is also what we want to push. Actually, the components of mobile phones are already available in Indonesia. The batteries, cables, and others, we will try business matching with Apple to see if they can use products from domestic sources that we already have,” Agus told reporters.

On the other hand, CEO of Apple Inc. Tim Cook expressed a commitment to increase investment activities and quality cooperation from his company to establish a presence in Indonesia.

“We talked about the President’s [Jokowi’s] desire to realize many factories in this country [Indonesia], and from that conversation, it is something we will consider [to build a factory here],” Tim Cook told reporters at the Presidential Palace complex.

The Apple CEU affirmed that Indonesia is indeed an important market for his company, while referring to the significant consumer base interested in their products.

Therefore, he said, they will continue to explore and communicate to realize cooperation between the company and Indonesia.

Considering the investment potential, Cook said, Indonesia has a bright future for his company.

“I think the investment potential in Indonesia is huge. I think there are many good places to invest, and we want to invest, we believe in this country,” he said.

Cook hopes to have the opportunity to communicate with the Head of State again to emphasize their commitment to investment cooperation.

“I think we had a pleasant conversation, and I really appreciate the time with him [Jokowi]. It was a dialogue about the potential in this country and our commitment to realizing it,” he concluded.

Audina Nur

Journalist

 

Editor

 

Interview

SUBSCRIBE NOW
We will provide you with an invoice for your reimbursable expenses.

Free

New to Indonesian market? Read our free articles before subscribing to the premium plan. If you already run your business in Indonesia, make sure to subscribe to the premium subscription so you won’t miss any intelligence & business opportunities.

Premium

$550 USD/Year

or

$45 USD/Month

Cancelation: you can cancel your subscription at any time, by sending us an email inquiry@ibp-media.com

Add keywords to your market watch and receive notification:
No topics
Schedule a free consultation with us:

We’ll contact you for confirmation.

FURTHER READING

The Indonesian Defense University, in collaboration with German pumps and pump systems manufacturer Wilo, held a guest lecture themed “Pump Systems Working Principles and Practical Applications” on Wednesday, December 18, 2024.
The Tanzanian government delegation met with the Ministry of Energy and Mineral Resources (ESDM) to discuss Pertamina’s investment plan in Tanzania and learn about processing Liquefied Natural Gas (LNG) with Indonesia.
Indonesia and Norway have launched the fourth phase of their result-based contribution (RBC) partnership, committing US$60 million (Rp952 billion) based on emission reductions achieved during the 2019-2020 period.
Minister of Investment and Downstream/Head of the Investment Coordinating Board (BKPM) Rosan Perkasa Roeslani emphasizes that Indonesia has great potentials and is the right business partner for multinational companies, in particular European ones.
Nvidia, a technology company from the United States, has set up an artificial intelligence (AI) research and development center and data center in Vietnam following an agreement signed on Thursday, December 5, 2024 in Hanoi, attended by Nvidia CEO Jensen Huang and Vietnamese Prime Minister Pham Minh Chinh.
The 19th Senior Officials Meeting of the Coral Triangle Initiative on Coral Reefs, Fisheries, and Food Security (CTI-CFF) that was held in Dili, Timor Leste on Monday-Friday, December 2-6, 2024 have resulted in several conservation targets aimed at addressing overfishing, climate change, and pollution.