JAKARTA, April 17 (Reuters) - Apple Inc ( AAPL ) will
look into building a manufacturing facility in Indonesia, its
CEO said on Wednesday after meeting President Joko Widodo, who
hoped the tech giant would increase its local content by
partnering with domestic firms.
Apple ( AAPL ) chief executive Tim Cook arrived in Jakarta on Tuesday
after visiting Vietnam. He met with Jokowi, as the president is
popularly known, and will inaugurate its fourth developer
academy on the island of Bali.
"We talked about the president's desire to see manufacturing
in the country, and it is something that we will look at," Cook
told reporters after the meeting.
Apple ( AAPL ) has no manufacturing facilities in Indonesia, but
since 2018 it has been setting up app developer academies, which
including the new academy have a total cost of 1.6 trillion
rupiah ($99 million).
Indonesia's industry minister, Agus Gumiwang
Kartasasmita, who also attended the meeting, told reporters that
if Apple ( AAPL ) decided to build manufacturing facility in Indonesia,
it would have the capacity to produce for export.
"We will discuss how Apple's ( AAPL ) facility in Indonesia could
become a global supply chain," he said, adding that the
government said that even if Apple ( AAPL ) didn't built a factory, it
could partner with Indonesian companies to obtain components.
Apple ( AAPL ) has met Indonesia's 35% local content requirement
to sell its products by investing in developer academies, Agus
said, but the government hoped that number could be pushed
higher with a manufacturing facility.
Apple ( AAPL ) has based much of its key manufacturing of iPads,
AirPods and Apple Watches in Vietnam; suppliers for MacBooks are
also investing in the country.
Indonesia has a huge, tech-savvy population, making the
Southeast Asian nation a key target market for tech-related
investment.
($1 = 16,235.0000 rupiah)
(Reporting by Stefanno Sulaiman and Ananda Teresia; Editing by
Kanupriya Kapoor)