Tarik Ulur Realisasi Investasi Apple di Indonesia

IDXchannel

Raksasa teknologi Apple sedang berusaha mencairkan hambatan berupa TKDN atau Tingkat Komponen Dalam Negeri yang menghadang peredaran iPhone 16 di Indonesia. Namun Menteri Perindustrian Agus Gumiwang Kartasasmita menyatakan komitmen investasi Apple membangun fasilitas produksi AirTag di Batam dengan investasi USD 1 juta dolar atau Rp16 triliun, tidak menjadikan produk terbarunya iPhone 16 bisa masuk ke pasar domestik.  Agus mengatakan hal tersebut karena investasi yang digelontorkan Apple tidak berkaitan langsung dengan proses pembuatan handphone, komputer genggam, dan tablet (HKT) dalam ketentuan untuk mendapatkan sertifikasi Tingkat Komponen Dalam Negeri (TKDN) yang diatur dalam Peraturan Menteri Perindustrian (Permenperin) Nomor 29 Tahun 2017 Tentang Ketentuan dan Tata Cara Penghitungan Nilai TKDN.  Ia mengatakan dalam negosiasi yang dilakukan antara tim teknis Kemenperin dengan Apple yang dilakukan terdahulu, pihak Apple sudah menyampaikan proposal pemenuhan sertifikasi TKDN melalui skema ketiga yakni inovasi, namun angka yang ditawarkan oleh perusahaan raksasa tersebut belum sesuai dengan empat prinsip berkeadilan yang ditetapkan.  Adapun empat prinsip tersebut: pertama, perbandingan investasi Apple di negara lain seperti Vietnam dan India. Kedua, perbandingan investasi produsen HKT lain di Indonesia seperti Samsung, Huawei, dan Xiaomi. Ketiga ialah nilai tambah dan pendapatan bagi Indonesia, serta keempat dan terpenting bagaimana penyerapan tenaga kerjanya.

Transcript

00:00Indonesia's Investment in Technology

00:13Yes, Mr. Mirza, the government firmly gives a binding order

00:16for the US technology giant Apple Inc.

00:20And in front of the Minister of Industry,

00:22Apple Inc. only invests 16 trillion rupiah in Indonesia.

00:26The value of this investment is very small

00:29compared to the investment of Apple in Vietnam

00:32which reached 256 trillion rupiah.

00:39Apple Inc. through the Vice President of Global Policy, Apple,

00:42Ning Aman and his team

00:44finally came to the Ministry of Industry

00:46to negotiate the continuation of the sale of Apple products in Indonesia.

00:51The Minister of Industry, Agus Gumiwang Kertasasmita, said

00:54in the negotiation, his party does not set a time limit

00:57on the results of the negotiation and is more in line with the agreement.

01:03Agus said in this negotiation with Apple,

01:05Apple Inc. formed a technical team

01:07led by Dirjen Industri Logam,

01:09machines, transportation and electronics

01:12while the meeting with Apple Inc. was only 30 minutes.

01:16Moreover, Agus said,

01:17now it has become the concern of the public

01:19so the government encourages Apple to develop

01:21manufacturing facilities in Indonesia.

01:24The time frame that we set

01:29can be today,

01:31can be tonight,

01:32can be tomorrow,

01:33can be next week,

01:35can be next month.

01:37So, we do not set a time target.

01:42What we set the target is the subsidy.

01:45But it's already in the proposal, right?

01:47What?

01:48The proposal.

01:49Yes, it's already in the proposal.

01:50So, what will be discussed later.

01:51We have received the official proposal yesterday.

01:54Yesterday, on January 6th, officially.

01:58The official letter from Apple.

02:00Yes, I received it yesterday.

02:02Agus emphasized in the discussion,

02:03the government continues to put forward

02:05four justifications that must be fulfilled by Apple

02:08if it wants to plant investment in Indonesia.

02:11Starting from Apple's investment in other countries,

02:13the investment of other HKT producers outside Apple in Indonesia,

02:17the creation of additional value and income for Indonesia,

02:19as well as the absorption of labor in the ecosystem.

02:23After the meeting with the Ministry of Industry,

02:25Nick Amal left the office without giving a statement.

02:31This is a big statement about the result of the negotiation.

02:35How is it?

02:36How is the progress?

02:37It's a great discussion.

02:39Great discussion.

02:40Commission, commission, commission.

02:42How much do you offer?

02:44How much do you offer?

02:46From Jakarta in Ciah IDX Channel.

02:55Yes, our topic this time is

02:57the implementation of Apple's investment in Indonesia.

02:59We have been connected via Zoom

03:01with Mrs. Diah Ayu Febriani.

03:03She is a Senior Digital Economy Analyst.

03:05Hello, Mrs. Diah. How are you?

03:08Hello, Mr. Praas.

03:09I'm fine. Thank you. I'm fine.

03:11Yes, thank you for your time, Mrs. Diah.

03:13And we are joined by Mr. Tesar Sandika Pura.

03:16He is the Chairperson of Indonesia Digital Empowering Community.

03:19Hello, Mr. Tesar. How are you?

03:22I'm fine, Mr. Praas. Thank you.

03:24Yes, thank you for your time.

03:26And before we discuss further,

03:28how is your review of the current investment climate in Indonesia?

03:33Especially for foreign investment in the technology sector.

03:36You have mentioned the delivery package just now.

03:39It seems that this has become a hot topic

03:43related to Apple's investment in Indonesia.

03:47That's right, Mr. Praas.

03:49This is a hot topic right now in the region,

03:53especially in Southeast Asia,

03:55where Vietnam and the Philippines are currently a big body

03:58to invest in the technology and digital economy sector.

04:02Whereas 80% of the investment in the digital economy sector

04:07in Indonesia is based on foreign investment.

04:10In my opinion,

04:12from 2023 to 2024,

04:15in the last three quarters,

04:17the growth rate of foreign investment in Indonesia

04:21is lower than that in Vietnam.

04:23That's how it is.

04:24And we also need to know why this can happen.

04:28Because we know that there is ICER,

04:31which stands for Incremental Capital Output Ratio.

04:33The rate of capital investment in Indonesia

04:37is higher than that in Malaysia, the Philippines, and Vietnam,

04:41which indicates that it is less efficient

04:44for foreign investors to enter Indonesia.

04:47That's how it is for now.

04:50Okay, that might be one of the basics.

04:52But if we look at the development of conditions in Indonesia,

04:56from your point of view,

04:58how is digitalization, the use or use of digital technology,

05:02such as mobile phones, gadgets, and so on?

05:09Hello?

05:11Mr. Tesar?

05:12Yes.

05:13Sorry, can you repeat the question?

05:15Yes.

05:16In relation to the information that was just said,

05:18how is the investment climate,

05:20how is the use of digital products,

05:23such as mobile phone technology, gadgets, and so on,

05:26in Indonesia,

05:27compared to before,

05:28that Apple is still far behind

05:31in terms of investment in a number of other countries?

05:33Because Indonesia has already reached 16 trillion,

05:36even though this is still in the negotiation process.

05:40Yes.

05:41In relation to the use of technology in Indonesia,

05:43maybe in Indonesia,

05:45it can be said that Apple users are still not as significant

05:50as Android users.

05:52But of course we know that Apple's segment is premium,

05:56it is not defeated enough by its rivals,

05:59maybe Samsung.

06:00So if we play in premium,

06:02of course Apple will be the king.

06:04But if we talk in general,

06:05Apple is only about 10%,

06:07a maximum of 20% in Indonesia.

06:09Of course, this Indonesian market is quite wide,

06:11so there are a lot of factors that affect

06:14whether Apple will still be the primary donor in Indonesia

06:17or can switch to other brands.

06:20This also affects the lifestyle,

06:23especially children of Gen Z,

06:27or maybe now starting to Gen Alpha,

06:29which may be quite strong

06:32in terms of the use of technology in the cellular world.

06:36From the perspective of the latest use of technology,

06:38in your opinion, with the current young generation,

06:40does it eventually become the main reference?

06:43Does it become their attraction and lifestyle?

06:47Yes, in my opinion,

06:49children today,

06:51especially Gen Z and Gen Alpha,

06:54tend to be quite sensitive to price.

06:57So they also do efficiency in their sales,

07:01unlike maybe millennial children

07:05or baby boomers,

07:06who are not too influenced by the price.

07:09So I see that

07:11Apple will be quite influenced by the current generation,

07:15they just look at the functionality.

07:18For example, the battery is not worn out,

07:20the speed is okay, stable,

07:22and of course the price becomes one of the parameters

07:25that is quite taken into account by children now.

07:28Okay, functionality.

07:29This is interesting.

07:30So how do you see it?

07:32The market share,

07:34earlier you said 10 to 20 percent,

07:37Apple in Indonesia.

07:39Meanwhile, there is a shift from the Gen Z side,

07:42then Alpha,

07:44which is more interested in functional elements.

07:48Do you think the market share is really sexy

07:51for Apple-class companies, for example,

07:54to invest in Indonesia?

07:57Okay, Mr. Tas.

07:58If it's sexy, it's quite competitive,

08:00especially in Indonesia.

08:01Because Apple will not let Indonesia go

08:04as their market share.

08:05Because we know now,

08:07Apple's market share in Indonesia is 12 percent.

08:10So there is a lot of use for Gen Z devices

08:13compared to other devices,

08:15such as tablets or computers themselves.

08:17But these markets are the fourth highest market

08:21among all of Asia.

08:23The first is China, Taiwan, and Japan,

08:26the fourth is Indonesia.

08:28Larger than other countries.

08:30So this is still a calculation for Apple

08:32to invest its money in Indonesia.

08:36But we know that the Indonesian government

08:39doesn't just want to do R&D,

08:42or the development of Indonesia's education skills.

08:44But Indonesia wants to have a factory

08:47that not only produces LTE,

08:50but also meets the needs of mobile phones,

08:52tablets, and also laptops themselves.

08:55Okay, it may be related to

08:57how the creation of workplaces there

08:59with them opening a factory in Indonesia.

09:02As if we are attracting investment

09:05in other sectors,

09:06such as automotive and so on.

09:09That's right.

09:11So Indonesia is asking Apple

09:13to invest more,

09:15like in Vietnam,

09:17Rp255 trillion.

09:19But why only in Indonesia,

09:21Rp15.9 trillion?

09:22If in Vietnam,

09:24you can attract investment

09:26as big as Rp255 trillion

09:28that opens up a workforce

09:30as big as 200,000 local workers,

09:32if Indonesia gets Rp15.9 trillion,

09:35it will open up a workforce

09:37for 12,000 local workers.

09:39Not only local workers,

09:41but it will also increase

09:43national income

09:45from manufacturing, semiconductor,

09:47and also from local products

09:49that will later be used

09:51for fabrication in Indonesia.

09:54Okay.

09:55Well, Mr. Testa,

09:56given the fact that Indonesia is still quite sexy,

09:59what should be done

10:01from the government,

10:03or maybe from Apple,

10:05when the negotiations are underway,

10:08do you see that the urgency is quite big right now?

10:11Yes.

10:12So if I look at it from the government's point of view,

10:15the government has to be independent.

10:17Why did Vietnam,

10:19with our neighbors,

10:20become the prime minister instead of us?

10:22And I see this,

10:23especially from the government,

10:25they don't do a thorough investigation.

10:28Is the main reason

10:30why Apple doesn't want

10:32to invest more in Indonesia?

10:35For me, there are many factors.

10:37One of them is the problem of our skills,

10:40as technology workers,

10:43especially in the electronic world.

10:46Then secondly,

10:47the problem of the supply chain,

10:49which may be further,

10:51so that the supply chain is longer.

10:53And lastly,

10:54I'm a bit worried about our bureaucracy,

10:56which is still quite messy.

10:58I want to see from the government first,

11:01whether they have been compared to Vietnam,

11:04for example,

11:05that Indonesia is not worthy of

11:07why Apple still sees Vietnam

11:11as the prime minister besides Indonesia.

11:13Maybe that's what we need to see first.

11:16Yes, yes, yes.

11:17Again, Celius,

11:18how do you see it,

11:19from your point of view,

11:21should the regulations still be implemented,

11:23or how?

11:24Remember earlier,

11:25there was the SDM skill,

11:26then the supply chain.

11:27What do you think,

11:28from your point of view,

11:29Mr. Tesar?

11:31That's right, Mr. Kembali.

11:32We have a similar idea.

11:33The incremental,

11:35the incremental itself,

11:36from the capital itself,

11:38why is Indonesia called inefficient

11:40for foreign investors.

11:41The first thing is,

11:42we know that throughout 2023

11:44and the last 2024,

11:46there have been three changes

11:48in the rules related to imports,

11:51which will require investors

11:54to adjust the regulations in Indonesia.

11:56The second thing is,

11:57there are still a lot of foreign investors

12:00who are at the point of

12:02issuing the investment certification itself,

12:05which should be a

12:07shortcut for the government

12:09to immediately add,

12:10in other words,

12:11it should be immediately improved,

12:12the quality should be improved.

12:13And also,

12:14the regulations are brief.

12:16We know that

12:17there are a lot of regulations

12:19between the central government

12:20and regional governments

12:21that have not been implemented until now.

12:23For example,

12:24the central government makes it easier.

12:25But there are also a lot of regional governments

12:27who are still in a hurry,

12:28taking a long time,

12:29so they will inform

12:31local production

12:32to be absorbed in the investment itself.

12:34Wow,

12:35so the structural challenges

12:36still seem to be a problem.

12:38Maybe it's not just for

12:39Apple-class companies,

12:40maybe it's for other companies

12:42according to you.

12:44That's right, Mas.

12:46Well, with conditions like this,

12:47what should we do

12:49if we can attract

12:51more foreign investments

12:53to win their funds in Indonesia?

12:55Meanwhile,

12:56we are also hoping

12:57how it can be

12:58the driving force of Indonesia's economy,

13:00the absorption of labor in Indonesia.

13:02Meanwhile,

13:03there are several other sectors,

13:04well, automotive,

13:05with various policies, incentives,

13:07tax incentives provided.

13:09What about technology itself?

13:11From your point of view.

13:13Okay, Mas.

13:14For this technology itself,

13:15we must know that

13:16the Human Capital Index in Indonesia

13:18is still low compared to

13:20Singapore, Malaysia,

13:21and Vietnam itself.

13:23Okay.

13:24Compared to Thailand itself.

13:26So,

13:27the government,

13:28in addition to having to

13:29regulate

13:31and provide tax incentives

13:33and tax benefits,

13:34we have to prepare

13:35the human capital

13:36in Indonesia

13:37to be more active

13:38in the advancement of technology,

13:41not just

13:42providing education,

13:43field training,

13:44but also

13:45have to

13:46get into

13:47super sophisticated technology training

13:49that will be

13:50invested by Apple.

13:51So,

13:52first,

13:53the payment

13:54or remuneration

13:55of Indonesia

13:56is still competing

13:57with foreign human resources

13:58in the countries

13:59towards Apple itself.

14:01And second,

14:02Apple is very,

14:03very

14:04compliant

14:05with the existence

14:06of green supply chains.

14:07Does Indonesia

14:08currently have

14:09a green supply chain regulation

14:11that can attract them?

14:12No.

14:13We invest

14:14more than

14:15Vietnam and Indonesia

14:16because Indonesia promises

14:18many regulations

14:19that are

14:20very

14:21compliant

14:22with the decisions

14:23of Apple itself.

14:24That's it.

14:25Okay.

14:26Interesting.

14:27And this is for the development

14:28of SDM skills.

14:29We will discuss

14:30this in the next segment.

14:31Mr. Tesar,

14:32Ms. Diya,

14:33we will take a short break.

14:34And, Mr. Mirsa,

14:35we will be right back

14:36after this.

14:50Yes,

14:51you are still watching

14:52Market Review.

14:53In the next segment,

14:54we will be sharing

14:55data for you

14:56regarding

14:57how Apple

14:58is winning

14:59their investments

15:00in a number of

15:01Asian countries.

15:02Here is the comparison.

15:03Vietnam,

15:04256 trillion rupiah.

15:07Meanwhile,

15:08Singapore,

15:094 trillion rupiah.

15:10And India,

15:1123.8 trillion rupiah.

15:14Meanwhile,

15:15Indonesia,

15:16as mentioned earlier,

15:17around 16 trillion rupiah.

15:18It is expected

15:19to be even higher.

15:21Next,

15:22the government's

15:23consideration

15:24for Apple's investment

15:25is related to

15:26the comparison

15:27of Apple's investment

15:28in other countries.

15:29Then,

15:30the comparison

15:31of the investment

15:32of other gadget producers

15:33in Indonesia,

15:34the added value

15:35and income

15:36for Indonesia,

15:37as well as

15:38the absorption

15:39of labor.

15:40So,

15:41there are various considerations

15:42related to

15:43Apple's investment

15:44in Indonesia.

15:45Then,

15:46how about

15:47iPhone sales

15:48in Indonesia

15:49in the third quarter

15:50of 2024?

15:51Some brands

15:52that are quite familiar

15:53are used

15:54by the people

15:55in Indonesia.

15:56Meanwhile,

15:57this iPhone

15:58occupies

15:59around 12.4%

16:00of the total

16:01sales market

16:02in Indonesia

16:03compared to

16:04other brands

16:06and other

16:07phone sales

16:08producers.

16:09Okay,

16:10those are

16:11some data

16:12that we have provided.

16:13We will continue

16:14the discussion

16:15with Mr. Tesar Sandikapura,

16:16the founder of

16:17Indonesia Digital

16:18Empowering Community,

16:19and also

16:20Ms. Diah Ayu Febriani,

16:21the economist

16:22of Digital Sales.

16:23Well,

16:24with the data

16:25that we have provided,

16:26it is also interesting

16:27if we compare

16:28with Mr. Tesar.

16:29We will see

16:30the iPhone sales

16:31market

16:32is 12.4%.

16:33Then,

16:34some investments

16:35in Vietnam,

16:36Singapore,

16:37India,

16:38and other countries

16:39are also

16:40relatively

16:41below

16:42India

16:43and even

16:44below

16:45Vietnam.

16:46So,

16:47how do you see

16:48the skill challenge

16:49that Ms. Diah

16:50mentioned earlier,

16:51Mr. Tesar?

16:52Yes,

16:53that's right.

16:54So,

16:55our human capital

16:56for technology

16:57is still

16:58low.

16:59And this

17:00may be

17:01started

17:02from the beginning.

17:03It can be said

17:04that the

17:05result

17:06of the

17:07employees

17:08is usually

17:09the campus.

17:10Maybe

17:11this is what

17:12the government

17:13should focus

17:14on

17:15so that

17:16we can

17:17produce

17:18digital talents

17:19especially

17:20in the

17:21digital world.

17:22It's a bit

17:23different.

17:24Apple is

17:25related to

17:26electronics,

17:27not IT

17:28at all.

17:29So,

17:30this may

17:31be

17:32a task

17:33for

17:34research

17:35to do

17:36a kind of

17:37synergy

17:38to the

17:39campus

17:40and industry

17:41related

17:42to how

17:43we can

17:44produce

17:45digital talents

17:46especially

17:47electronics.

17:48That's one.

17:49The second

17:50is the

17:51tight cooperation

17:52between the

17:53industry and

17:54the campus.

17:55What I see

17:56is that

17:57it's not

17:58clear yet.

17:59The last

18:00is the

18:01technology itself

18:02to make

18:03electronics

18:04or microprocessors

18:05or chips.

18:06We need

18:07a lot of

18:08labs

18:09that are

18:10high-tech.

18:11I think

18:12this is

18:13still far

18:14from

18:15our ability.

18:16That's what

18:17I see.

18:18But,

18:19isn't this

18:20an opportunity

18:21for Indonesia

18:22to transfer

18:23technology and

18:24so on?

18:25That's right.

18:26That's why

18:27I said

18:28if we are

18:29aware of

18:30our weaknesses

18:31and we

18:32focus on

18:33the problems

18:34we have

18:35before we

18:36claim our

18:37rights

18:38to others,

18:39it will be

18:40interesting.

18:41We can

18:42beat

18:43Apple in

18:44this.

18:45We have

18:46the ability

18:47and other

18:48industries will

18:49follow.

18:50So,

18:51if we can

18:52beat

18:53Apple,

18:54we can

18:55guide

18:56Indonesia

18:57to other

18:58technologies

18:59like

19:00electric cars

19:01and so on.

19:02There will

19:03be

19:04more

19:05investors.

19:06Why?

19:07Because

19:08Apple is

19:09already

19:10a

19:11technology

19:12that

19:13we

19:14need.

19:15That's

19:16right.

19:17I agree

19:18with

19:19what you said

19:20before.

19:21The first

19:22thing

19:23is

19:24skill.

19:25We

19:26need

19:27skill

19:28and

19:29we

19:30need

19:31innovation.

19:32We

19:33need

19:34innovation

19:35and

19:36we

19:37need

19:38innovation

19:39from

19:40technology.

19:42We have to

19:43understand

19:44that

19:45Rambi Fund

19:47and

19:48fund

19:49from

19:50UNHCR

19:51is only

19:520.28%.

19:53Lower than

19:54Shiank Tang,

19:55and

19:56Singapore.

19:57We

19:58need to

19:59demand

20:01development

20:02so the

20:03Rambi Fund

20:04has a

20:05better

20:06skill,

20:07...opportunity for our human resources to increase their competencies...

20:11...in manufacturing high-tech technologies such as semiconductors and chips...

20:17...which will be the basis of the smartphone component itself.

20:21Whereas we know that Indonesia can become a big market...

20:25...to fill the semiconductor market in ASEAN...

20:30...which is worth more than US$3 billion.

20:34This must be taken into account by the government...

20:36...especially in the ratio of resources and development of semiconductors.

20:40Okay, so with the current fundamental conditions in Indonesia...

20:47...will the process of Apple's investment in Indonesia take a long time?

20:55We think it will take a long time and it will be expensive...

20:59...because Apple cannot provide the same value as Vietnam...

21:03...if the regulation conditions, opportunities for human resources...

21:06...and the ratio of human resources...

21:10...cannot meet the expectations of Apple...

21:14...especially with the supply chain and development of local competencies.

21:18Okay, so with the current conditions...

21:22...what should the government do?

21:25Should they just accept the value offered by Apple?

21:31Or is there still a chance for us to get a higher value?

21:34At least above India, for example.

21:38We are optimistic that there will be new opportunities...

21:42...so that Apple will not only use innovation development schemes...

21:46...to invest in Indonesia...

21:47...but also build its own manufacturing public...

21:50...as long as there is simplification of regulations and permits for Indonesia...

21:54...as well as legal certainty for Apple to invest a certain amount of capital in Indonesia...

21:59...especially in the fulfillment of the Green Energy supply chain.

22:03In order to do that, there must be long-term steps...

22:07...for harmonization of regulations...

22:09...but I think Indonesia is capable of advancing and implementing those things.

22:14Okay, Tesar.

22:16With the current conditions...

22:19...how do you see the potential of Indonesia's investment in the future?

22:23Just like other technology companies...

22:25...apart from Apple, for example...

22:27...do they face the current conditions?

22:31Yes, that's right.

22:32So, this is a barometer.

22:34If we fail to do what Apple did...

22:37...of course other competitors or investors...

22:40...will be a bit doubtful about their investment in Indonesia.

22:45And this is what I think...

22:47...maybe Cameron Perrin should open a more detailed dialogue with Apple...

22:51...especially...

22:52...whether or not Apple is doubtful enough to make a big investment.

22:57And Indonesia has a sort of short-term strategy...

23:01...so that next year, for example...

23:03...I want to increase by 20% from last year.

23:05Of course, what we have to do to improve is in our internal side.

23:10So, Indonesia will open up...

23:12...and it also performs a kind of key performance intake for their internal side towards Apple.

23:17So, we win-win.

23:18So, when we meet a certain parameter in front of Apple...

23:21...of course next year, we can make a much bigger investment.

23:25We don't have to force it...

23:27...but from our internal side, there is no short-term improvement...

23:32...so that Apple will be more confident in their investment in Indonesia.

23:36We can't do this.

23:37Apple will definitely want to make a profit.

23:39We can't build an investment...

23:42...that will make their profit insignificant.

23:45Okay, so it's a step-by-step...

23:47...if I may say...

23:48...how Apple invests in Indonesia.

23:51Celio, what do you think?

23:53Is this one of the middle path...

23:55...that the government might take...

23:58...if we also prepare the infrastructure...

24:01...ecosystem, and Indonesia's own SDM?

24:06That's right.

24:07Apple is a showcase investment for Indonesia...

24:10...to open up opportunities for investors from other countries.

24:14We have three investment schemes in Indonesia...

24:17...manufacturing, technology innovation, and application.

24:23But Apple Inc. and Microsoft don't have...

24:26...a bigger manufacturing scheme in Indonesia.

24:29I hope that as time goes by...

24:31...I agree with Mr. Mesar...

24:33...we have to open up and negotiate.

24:36We can't be like...

24:39...I want to win.

24:41We have to find our own solution...

24:43...and improve the regulations...

24:46...and how Indonesia can...

24:50...standardize globally...

24:52...for the development of investors.

24:54It's important to be done...

24:56...along with the showcase investment.

25:00That's right.

25:01We'll see how the government...

25:04...innovates from the Ministry of Industry...

25:07...and other related parties...

25:10Apple is comfortable...

25:12...investing in Indonesia.

25:15As Mr. Tesar said...

25:17...they want to win...

25:20...when investing in a country like Indonesia.

25:24Thank you, Mr. Tesar...

25:26...for the information.

25:28Thank you for the latest updates...

25:31...on the technology world...

25:34...policies and regulations...

25:36...regarding technology investment.

25:41Stay healthy and see you again.

25:44Thank you, Mr. Tesar.

25:49Thank you, Mr. Tesar.

25:51Thank you for tuning in.

25:54Keep sharing your information...

25:56...only on IDX Channel...

25:58...your trustworthy and comprehensive investment reference.

26:00Because the future must be ahead...

26:02...I am an investor.

26:04I am Prasetyo Wibowo...

26:06...and all the staff...

26:08Thank you and see you again.

Category

Transcript

Be the first to comment

Recommended