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 is preparing steps in response to the European Union`s (EU`s) plan to phase out the use of palm oil-based biofuel energy that will affect palm oil-producing countries.
As many as 93 forestry and environment experts from various countries will attend the 3rd Asia Pacific Rainforest Summit (APRS) which will be held in Yogyakarta on April 23--23 to discuss progress in the implementation of Paris Agreement.
Ciletuh-Pelabuhanratu geopark has officially been declared as part of the UNESCO Global Geopark (UGG) which will be a new history for tourism in West Java.
Finance Minister, Sri Mulyani Indrawati, was named the best finance minister in Asia and the Pacific for 2018 by Hong Kong-based financial magazine FinanceAsia for the second time in a row.
President Joko Widodo (Jokowi) noted here on Monday that Indonesia is a large country, whose economy will grow stronger and increase in 2030.
President Joko Widodo (Jokowi) has stated that according to US News and World Report survey results, Indonesia was in the second place among the world`s two most attractive countries for investment destination.
Address: 1068 Budapest, Városligeti fasor 26. | MAP |
Phone: (+36-1) 413 3800 Fax: (+36-1) 322 8669
E-mail: embassy@indonesianembassy.hu