JAKARTA, Dec 4 (NNN-ANTARA) – The Indonesian government has requested Apple to invest one billion U.S. dollars, to gain approval to sell its latest iPhone 16 model, in the world’s fourth most populous country, a minister said, yesterday.
“We already talked with Apple about the first stage of the investment. We ask for an investment of one billion dollars for the first stage,” said Indonesian Minister of Investment, Rosan Roeslani, during a parliamentary hearing in Jakarta.
He said, the investment was required because the Indonesian government wanted Apple to help drive Indonesia’s economy and create added value for the local industry.
“Indonesia wants Apple to include Indonesian industries in its global supply chain. Invest here, then create jobs here, too,” he said.
Currently, Indonesia has not allowed Apple to sell its newest iPhone version in the country, despite its potential market for the tech company. It was previously reported that Apple has not met Indonesia’s minimum local content requirements.– NNN-ANTARA
