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.

 

Indonesia must be strong and its economy must grow well, so that it would not be bullied or made fun of, Foreign Minister Retno Marsudi stated in front of students of the Law Faculty of Pancasila University here on Thursday.
Indonesian oil and gas company Pertamina and Omani company Overseas Oil & Gas (OOG) here on Monday expressed commitment to developing the Grass Root Refinery (GRR) project or constructing a new refinery in Bontang, East Kalimantan.
Member countries of the Association of Southeast Asian Nations (ASEAN) are expected to open their markets for startup companies from the region, especially unicorn startups, to boost development of the regional digital economy.
Indonesia, through the Ministry of Trade, is seeking to expand markets for its crude palm oil (CPO) products and derivatives to new export destinations in the Middle East, South Asia, and other regions.
North Maluku Cultural Heritage Preservation Agency (BPCB) explored the legacy of prehistoric rock art in the form of hand-drawn paintings and other motifs on walls of caves on Kisar Island, Southwest Maluku District, Maluku Province.
Executive Director of the BI Communication Department Agusman said that Indonesia`s national economy posted solid growth in the third quarter of 2018, namely 5.17 percent (yoy), on the back of domestic demand.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu