Indonesia Dismisses Claims Of Apple Cancelling Investment Plans

The Indonesian Communication and Informatics Minister stated on Thursday that Apple, a major technology company, is still interested in investing capital in Indonesia.

The minister refuted rumors that had been circulating on social media platforms, claiming that Apple had canceled its plan to invest in the country. He assured journalists that Apple had expressed interest in investing in Indonesia and that the government is currently developing incentives to attract the company.

He added that the Coordinating Ministry for Maritime Affairs and Investment is working on the incentives and that Microsoft is also interested in investing.

On April 17, 2024, Apple’s CEO, Tim Cook, met with President Joko Widodo in Jakarta to discuss the company’s potential investment in Indonesia.

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