Apple Inc. agrees to develop R&D in Indonesia

05 December, 2016 | Source: Antara News

Indonesia has reached a cooperation agreement with Apple Inc., the Minister of Telecommunication and Informatics, Rudiantara, said here on Friday.

"We have signed a cooperation agreement with Apple. They have agreed to undertake R&D (research and development) here and will be ready to recruit our people to work with them," he stated at the Presidential Palace complex.

He noted that basically, it was most important that Indonesia could take part in the investment project of the US Silicon Valley company.

Apple products include the latest iPhone 7 that has not entered Indonesia yet although the number of iPhone users in the country has been increasing, he explained.

The minister observed that following the cooperation agreement, it is expected that all lines of Apple products, including the latest Apple series, could immediately enter Indonesia.

Rudiantara disclosed that the cooperation agreement would later cover research and development and even the industrial field.

"I will personally be involved in the cooperation for R&D development locally while the industry minister wil be involved in any initiatives in the industrial field," he emphasized.

He commented that he plans to invite Apple Inc. to come to Indonesia by the end of December 2016.

"Let the Apple people announce the value of investment. Our estimate is that it will be above Rp100 billion," he pointed out.

 

President Joko Widodo (Jokowi) said Indonesia already enters years of low inflation, with inflation around 3 percent in the past two years.
President of the World Bank group, Jim Yong Kim, here on Tuesday expressed his support to the Indonesian governments plan on the tax reform program, which aimed to increase the state budgets income.
President Joko Widodo (Jokowi) plans to visit Turkey to develop partnership in strategic industry and economy with the country, Foreign minister Retno Marsudi said here on Monday at the state palace after a meeting prior to the presidents visit to Turkey and Germany.
Indonesian Foreign Minister Retno Marsudi and her Maldivian counterpart Mohamed Asim will hold a bilateral meeting in Jakarta on Wednesday (June 21) to discuss the cooperation in tourism sector.
The United Nations Food and Agriculture Organization (FAO) has praised Indonesia for its role in fighting illegal, unreported, unregulated (IUU) fishing, the Indonesian Embassy in Rome said.
Indonesias real GDP growth is projected to increase from 5.2 percent this year to 5.3 percent in 2018, according to the World Banks June 2017 Indonesia Economic Quarterly.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu