Indonesia is becoming a new destination invested by large technology companies.Recently, the heads of the world’s two major technology giants Apple and Microsoft visited Indonesia and announced a series of investment plans.At the same time, Nvidia chip company also plans to invest in the construction data center in Indonesia.Lucknow Wealth Management
On April 17, local time, Tim Cook, CEO of Apple, visited Indonesia and announced that it would invest in an Apple Developer College and said that he was interested in investing in factories in Indonesia.Two weeks later, Microsoft CEO Satia Nadella also visited Indonesia and announced that it would invest $ 1.7 billion in the next four years to create a new Indonesian cloud and artificial intelligence infrastructure, and provide artificial artificially for 840,000 people.Intelligent training.This is Microsoft’s largest single investment in Indonesia in 29 years.
Indonesia is the only common destination in Southeast Asia’s trip to Southeast Asia.In addition to Indonesia, Cook also visited Vietnam and Singapore, and Nadella visited Thailand and Malaysia.According to the Minister of Communications and Information of Indonesia, Budi also promised to invest 200 million US dollars and cooperate with Indonesian satellite companies to build an artificial intelligence center in Suluo City, which will be implemented in the near future.
The huge market potential of Indonesia is an important factor in stimulating the interest of technology giants.Indonesia is the largest economy in Southeast Asia, with a population of about 280 million people, stable economic growth, and digital transformation rapidly.According to the National Strategic White Paper released by Indonesia in 2023, by 2030, the digital economy scale in the ASEAN region will reach $ 2 trillion, of which Indonesia will account for 40%to 800 billion US dollars.In 2023, Indonesia realized a digital economy at $ 82 billion.
Andy Rigari, President of Indonesia’s Internet company in Indonesia, said that in order to meet the needs of customers, Indonesia’s data center capacity in the next 10 years must reach 1,000 MW, but Indonesia’s current data center capacity is only 150 MW.To 200 MW.At the same time, Indonesia also needs to add 9 million digital talents to meet the needs of digital transformation and development.Kanpur Wealth Management
At present, compared with some countries in Southeast Asia, Indonesia is still in a disadvantaged position in attracting technology giants.Although Indonesia is one of the important markets for Apple mobile phones. Among the 2.8 million mobile phones imported in 2023, Apple mobile phones accounted for 85%, but Apple has not opened official stores in Indonesia so far.According to Apple’s 2022 statistics, the company has only two suppliers in Indonesia, far behind Malaysia, Thailand and Vietnam.In addition, Indonesia has been relatively small to date.Relevant reports show that in the case of Apple’s new developer college, Apple’s investment in Indonesia is only about $ 99 million.In Singapore, Apple decided to invest more than 250 million US dollars to expand local business.Investment in Vietnam is more than $ 16 billion.Apple planned to set up factories in Indonesia in 2016, but eventually failed to fulfill it due to environmental problems.In a new round of investment in Southeast Asia, Microsoft’s investment in Malaysia is also higher than Indonesia, reaching $ 2.2 billion.Jaipur Investment
At the same time, an uncertain factors were facing Indonesian investment.Whether Microsoft or Nvidia’s investment still lacks specific details.Although Apple promises to invest, it has not yet formulated an application to the Indonesian investment department.At the same time, Indonesia’s investment barriers are also higher than other Southeast Asian neighbors. For example, a certain percentage of local components must be used in the production of enterprises in the country and serious lack of talents.
The Indonesian government said that as long as these technology companies are willing to come to invest, Indonesia can provide more preferential policies.Indonesian Ocean and Investment Minister Luhut said that if Apple invests in Indonesia, Indonesia can provide the same incentive conditions as other countries, including modifying regulations, duty -free imports of local parts that cannot be produced in the local area.(Economic Daily reporter Chen Xiaofang in Jakarta)Kanpur Stock
Agra Wealth Management