Industry Minister Airlangga Hartarto has requested mid-sized Japanese companies to invest in Indonesia’s manufacturing industry, particularly in the automotive, electronics and food and beverage sectors
ndustry Minister Airlangga Hartarto has requested mid-sized Japanese companies to invest in Indonesia’s manufacturing industry, particularly in the automotive, electronics and food and beverage sectors.
Airlangga said that at present, Japanese investment in the country was still dominated by large corporations, which he described as “big players.”
“Mid-sized [companies] face higher risks, but they cannot just focus on the Japanese market because the economy is stagnant. Therefore, they must consider other economies that are still expanding, and one of them is Indonesia,” Airlangga said in a statement Tuesday.
The industry minister also vowed to provide fiscal incentives that are export oriented and labor-intensive. Airlangga delivered his speech in the 2017 Indonesia Investment Business Forum in Tokyo.
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