According to reporting from Antara News, Indonesia’s Commission XI of the House of Representatives (DPR) has called on Apple to fulfill its remaining investment commitment and boost its contribution to Indonesia’s economy.
Deputy Chairman of Commission XI, Muhammad Hanif Dhakiri, said on Sunday (17/11/24) that Apple must honor the remaining IDR 300 billion of its total investment commitment of IDR 1.7 trillion (approximately USD 106 million), noting that this amount is relatively small compared to Apple’s sales revenue in Indonesia, which reached IDR 30 trillion.
“This is not just about numbers, but about fairness. With such large revenues, Apple should make a comparable and meaningful contribution to the development of Indonesia’s technology and digital ecosystem,” Dhakiri said, adding that Apple’s minimal contribution to the Indonesian economy shows a lack of corporate social responsibility towards the country where they reap huge profits, says Antara News.
Therefore, he encouraged the government to officially invite Apple to Indonesia to explain this condition.
He also asked the government to review foreign investment incentives and policies so that companies that earn large profits in the country are required to make more significant economic contributions.
Antara News reports that Dakhiri proposed that the government implement policies that promote economic redistribution, such as increasing the proportion of domestic components (TKDN) in foreign products sold in Indonesia.
“If Apple fails to fulfill its commitment or increase its contribution, the government should consider stronger measures, including reevaluating trade and investment regulations for foreign companies,” he said.
He emphasized that Commission XI is committed to overseeing this issue to ensure national interests and public welfare remain a priority, not just profits for global corporations, says Antara News.
Source: Antara News
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