Retail in Asia

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Apple to invest in Indonesia, says BKPM

The US technology giant Apple will invest some USD3 million in Indonesia in plans that could see the country become just the third in Asia to host an official Apple retail store, according to Chatib Basri, the head of the country’s Investment Coordinating Board (BKPM).

Basri said Apple is planning to start by opening its official online store in Indonesia and will later open an official dealership for its products in Jakarta.

He added that Apple’s plan to invest in the country was also in line with the plans of Taiwanese technology giant Foxconn to invest here. Foxconn is a major manufacturer of Apple gadgets and in June announced plans to invest up to USD10 billion in Indonesia over the next five years.
 

(Source: Jakarta Globe )