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'If our neighbors take our market, where is our pride?

Asia Africa Intelligence Wire

| December 31, 2004 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Jakarta Post)

Local electronics producers claim that 50 percent of the electronic goods traded in Indonesia are illegally brought into the country. This situation has hampered domestic growth and discouraged new investment. The Indonesian Chamber of Commerce and Industry's (Kadin) vice chairman for industry, technology and maritime affairs, Rachmat Gobel discussed the situation in a recent meeting with The Jakarta Post. The following are excerpts of his presentation: In view of our domestic market potential, we must be able to establish a strong electronics industry, which not only produces end products but also components. As a matter of fact, the component industry is supporting not only electronics, but also the automotive sector, which also needs electronic parts. The development of both industries would also encourage the development of the plastics industry, which contributes a lot to the making of electronic and automotive products. In short, these industries are …

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