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)
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.