Gov’t to Encourage Local Content Usage in Industries

President Jokowi, accompanied by a number of officials, presses the button to mark the launching of 1.5 million motorbikes produced by PT. YIMM, at Bizpark Commercial Estate, Pulogadung, Cakung, Jakarta, Monday (3/12). (Photo by: Agung/Public Relations)

President Joko “Jokowi” Widodo appreciated the steps taken by PT. Yamaha Indonesia Motor Manufacturing (PT. YIMM) that produce motorbike using up to 93-94 percent local content which exported to foreign markets.

“Such investment will be encouraged and developed,” President Jokowi told reporters after the launching of 1.5 million motorbikes produced by PT. YIMM, at Bizpark Commercial Estate, Pulogadung, Cakung, Jakarta, Monday (3/12).

The President said that he is happy to see the motorbikes being exported to 45 countries, which is not a small amount. Moreover, PT. YIMM had already stated their export value target in 2020 would reach Rp20 trillion.

“I think this is what we are looking for,” the President said, adding that the most important thing for the production is high local content and export orientation.

Citing the PT. YIMM’s Director, President Jokowi said that European and American countries had also acknowledged the quality of PT YIMM’s motorbikes.

“PT. Yamaha is indeed grabbing the premium class, because of its high added value,” the President said. (FID/AGG/ES)

Translated by: Galuh Wicaksono
Edited by: Yuyu Mulyani