The US Chamber Of Commerce And Industry Complained About TKDN, Deputy Minister Of Industry: To Protect National Industry

Deputy Minister of Industry (Wamenperin) Faisol Riza (Photo: dock. VOI)

The Ministry of Industry (Kemenperin) has opened its voice regarding investment reports from AmCham Indonesia and the US Chamber of Commerce which states that local content regulations in Indonesia are still a big obstacle for investments originating from the United States (US).

The local content rules referred to are the Domestic Component Level (TKDN) rules.

Deputy Minister of Industry (Wamenperin) Faisol Riza said the TKDN regulation was actually to protect the national industry.

"The TKDN rules, right, all support so that the national industry is good," said Faisol to reporters after the 100 Economist Sarasehan agenda in the Kuningan area, South Jakarta, Tuesday, December 3.

Faisol was not worried that later the investment from Uncle Sam's country would not enter Indonesia. The reason, he said, is that currently many investments have entered the country, especially from China.

"Yes, the proof is that there are many investors from China, from other places who still have the will to come here," he said.

According to Faisol, currently the US has not received any comprehensive information regarding the TKDN regulations in Indonesia. Therefore, continued Faisol, his party will immediately communicate further with the US regarding the TKDN issue in question.

"I think maybe they haven't received adequate information about TKDN. So, along with this TKDN review, we will also communicate so that the understanding of TKDN that they might imagine is not the same as we wanted," he concluded.

Previously, AmCham Indonesia Managing Director Lydia Ruddy revealed that local content regulations in Indonesia were still one of the big obstacles for investment from the United States.

According to the report, US investors, most of whom are part of the global supply chain, will not feel comfortable coming and investing in Indonesia if they cannot get the components they need with the quality they fit.