Statement of President of the Republic of Indonesia during the Inspection of the 2021 GAIKINDO Indonesia International Auto Show (GIIAS), 17 November 2021, at Indonesia Convention Exhibition (ICE) BSD City, Tangerang Regency, Banten Province

Assalamu’alaikum warahmatullahi wabarakatuh.

We all know that automotive industry is one of industries greatly affected by the COVID-19 pandemic last year, 2020. The Government has noticed that this automotive industry consists of a number of MSMEs that supply automotive components.

Thus, the Government has issued a policy to temporarily relax sales tax on luxury goods (PPnBM). Now, we can see that it boosts sales, production in our automotive industry. Based on the last report it has increased by approximately 60 percent. It is great to push economic recovery.

Moreover, earlier I have said that it is important to immediately build an ecosystem for eco-friendly, low-emission cars. Therefore, the Government also urges to produce electric, hybrid cars. Once again, all must be eco-friendly.

I have also met the CEOs (from automotive industry) and I have delivered what the Government’s concern is, and what we must carry out together for the future.

That concludes my speech on this auspicious occasion.

I thank you. (AP/MMB)