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Investor to set US$200 Millions in Indonesian Electronic Industry

Taken from http://www.electronicsandyou.com

Taken from http://www.electronicsandyou.com

I read on Batam Pos that according to chairman of Indonesia Electronic Union (Gabungan Elektronika – Gabel) Rachmad Gobel, investors are to set US$100 – US$200 Millions to invest in Indonesia Electronic Industry. He said that in the middle discussion event among Political parties figures and businessmen in Jakarta.

This investment is triggered by the tighter importing regulation that starts in 1 Feb 2009. This regulation, in the end make Indonesian market so compelling for Electonics businessmen. Up to now the penetration of electronic house appliances is only 20% compares to the total Indonesian citizens.

Despite the economy crisis, Indonesian trade market for electronics is still very big, especially since now 50% of the market share is still dominated by imported products.

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