Apple's recent $100 million investment proposal to Indonesia fails to align with the fairness principles set by the government, as stated by Industry Minister Agus Gumiwang Kartasasmita. This reflection highlights a significant shortfall in Apple's investment plans compared to competitors who have committed substantial funding for local manufacturing, creating added challenges for the company's efforts to resume sales of the iPhone 16 in Indonesia.
Kartasasmita emphasized the disparity in investments, pointing out that while Apple invested about 1.5 trillion rupiah in Indonesia, its investment in Vietnam surged to over 244 trillion rupiah. This stark contrast raises questions about Apple’s commitment to the Indonesian market, especially as it contemplates lifting the ban on iPhone 16 sales, underlining the need for a more equitable and fair agreement between Apple and the Indonesian government.
The Industry Minister also indicated that more negotiation is necessary, stating, 'We want Apple to return to do business here but we need a fair resolution.' This statement underscores the Indonesian government’s focus on achieving a balanced negotiation that reflects the country's requirements and expectations for significant foreign investment.
Further illustrating the government’s stance, Kartasasmita mentioned that Apple must also honor its previous investment commitments, including the remaining $10 million from last year. He stressed the importance of Apple sending negotiation teams to address their demands and come up with a more comprehensive investment strategy for the next few years.
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