The Government Limit Imports, Luxury Cars Above 3,000 cc Are One of them

By : Ridwan And Aldi Firhand. A | Tuesday, September 04 2018 - 21:54 IWST

Car Illustration (Ist)
Car Illustration (Ist)

INDUSTRY.co.id - Jakarta, the Government has decided to limit the import of a number of commodities. This is done to control the current account deficit experienced by Indonesia today.

Minister of Industry Airlangga Hartarto said that the government had evaluated 900 commodities subject to import restrictions. One of them is a luxury car above 3,000 cc.

"Regarding luxury goods, for example luxury cars above 3,000 cc, we will limit or we stop for a while," he said at the Parliament Building, Jakarta, Tuesday (04/09/2018).

Although the government will control imports, Airlangga guarantees that raw materials for industry will not be restricted. This is to ensure that industrial activities are not disrupted.

"Yes, for the Ministry of Industry importing raw materials, auxiliary materials, capital goods is part of the investment to increase productivity. Of course we encourage it to keep going," he explained.

In addition to controlling imports, the government is also trying to spur exports by providing incentives for labor-intensive industries. Examples are automotive, textiles and textile products, chemistry and biochemistry, food and beverages, and electronics.

"Electronics now import is still high, we will boost exports. But it takes time for electronics, because if we talk about industry 4.0 we talk internet of things so we still need a lot of steps," said Minister of Industry.

News Comment

Today's Industry

GoFood, the Most Used Online Food Delivery Application. (Photo: Sindonews)

Selasa, 05 Juli 2022 - 11:56 WIB

JAKPAT Research: GoFood, the Most Used Online Food Delivery Application

Although GoFood is not the online food delivery app that gives promo and discount the most, GoFoodstill maintains its market leadership as the most used Online Food Delivery (OFD) application.…

Collaboration and innovation is a common thread of various Business Twenty (B20) forums as an important part of G20 activities in 2022. (Foto: Liputan6.com)

Selasa, 21 Juni 2022 - 17:53 WIB

Inter Sectors Collaboration in Strengthening SMEs, Key for Post-Pandemic Recovery Acceleration

Indonesia owns an important role to support the world’s policy that prioritize various parties collaborations as the key to realize an inclusive world economy, included Small Middle Enterprises…

Collaboration and innovation is a common thread of various Business Twenty (B20) forums as an important part of G20 activities in 2022. (Foto: Liputan6.com)

Senin, 06 Juni 2022 - 21:35 WIB

Collaboration and Innovation, Key to support Inclusive Economy Growth

Collaboration and innovation is a common thread of various Business Twenty (B20) forums. This is an important part of G20 activities in 2022. That matters are also going to become a main key…

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.