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Jakarta Post

Executive column: Honeywell Indonesia to focus on aviation, smart building technology

  • Norman Harsono

    The Jakarta Post

Jakarta   /   Tue, March 26, 2019   /  02:36 am
The Jakarta Post Image
Honeywell Indonesia president director Roy Kosasih poses with an auxiliary power unit (APU) in this picture.(JP/Norman Harsono)

Honeywell Indonesia, the local unit of diversified conglomerate Honeywell International Inc., is redirecting its focus from the oil and gas sector to aviation and smart building technology following a shortfall in Indonesia’s energy-related investments last year. Indonesia’s investment in the energy sector last year only reached 86 percent of the government’s US$37.2 billion target, prompting the Energy and Natural Resources Ministry to set a lower target of $33.34 billion for this year. Honeywell’s readjusted focus will pit it against other global brands in aviation and building technology. How is the company preparing its strategy to take on the competition? The Jakarta Post’s Norman Harsono talked to Honeywell Indonesia president director Roy Kosasih during a media visit in Shanghai, China, to discuss the issue. Below is an excerpt of the interview. Qu...