Duet With Minister Of Industry Agus Gumiwang To Japan, Coordinating Minister Airlangga Offers Investment To Local Entrepreneurs

Coordinating Minister for the Economy Airlangga Hartarto (right) with Minister of Industry Agus Gumiwang (left) when meeting Japanese businessmen (Photo: Doc. Coordinating Ministry for the Economy)

JAKARTA - Coordinating Minister for Economic Affairs Airlangga Hartarto and Minister of Industry (Menperin) Agus Gumiwang Kartasasmita are said to continue to undergo a series of official visits to Japan to meet local stakeholders.

Most recently, the Indonesian delegation was received by the Chairman of Keidanren and the President/CEO of Marubeni Corporation Masumi Kakinoki.

During the meeting, Airlangga explained that the conditions for handling the pandemic in Indonesia were relatively under control and the progress of economic recovery was quite good, with an estimated growth of above five percent this year.

According to Airlangga, Japanese entrepreneurs can participate in the development of the electric vehicle industry in Indonesia.

He said, the government continues to accelerate the development of electric vehicles (EV) through the EV development roadmap, providing various incentives, to the development of the EV ecosystem in Indonesia.

"This government support is expected to encourage Indonesia's great potential in the electric car industry given the large reserves of nickel mines in Indonesia as the main ingredient for electric car batteries," he said in a press statement on Wednesday, July 27.

To attract deeper interest, Airlangga explained that the EV production target in 2030 is expected to reach 600,000 units for four wheels or more, and for two wheels it can reach up to 2.45 million units.

"There is also an incentive for Luxury Goods Value Added Tax (PPnBM) of 0 percent. This is proof of the support of the Indonesian government in the electric car industry considering the large reserves of nickel mines in the country are very large," he said.

He also said that Japanese businessmen could enter the Special Economic Zone for the Health sector in Sanur Bali, which is currently in the process of being completed.

"After Marubeni collaborated with Siloam Group and Bunda Group, the Indonesian government invited Marubeni to expand its cooperation by investing in the Bali Health SEZ," said Airlangga.

On the same occasion, Masumi expressed his appreciation for RI's intentions.

The reason is that continued collaboration can further strengthen relations between the two countries that have existed for decades.

“We are pleased that Indonesia has created a conducive business climate through the Job Creation Act. This step can provide more certainty for Japanese companies in running their business in Indonesia. It should also be noted that Marubeni has been involved in several Indonesian energy projects, one of which is the development of PLTU Jawa 1 which is a support to encourage the development of green energy," said Masumi.

Also attending the meeting were the Indonesian Ambassador in Tokyo Heri Ahmadi, the Coordinating Minister for the Economy Susiwijono Moegiarso, and the Director General of KPAII at the Ministry of Industry. Meanwhile, Masumi Kakinoki was accompanied by Takashi Tokunaga, Kyoji Terayama, and Daigo Odawara, General Manager of Marubeni Corporation.