The Indonesian government is open for relocation of several Japan's factories which manufacture automotive parts following the earthquake and tsunami which devastated the northeastern and eastern coastal areas of Japan two weeks ago.
Deputy Investment Coordinator at the Capital Investment Coordinating Agency, Achmad Kurniawan, said today that the government will grant tax holiday in a designated time to companies that are planning to build factories in Indonesia. However, the factory development must be aiming areas in eastern Indonesia.
The details as to how to apply the tax holiday mechanism will be based on a decision taken by Finance Minister.
President Director of PT Aneka Tambang Tbk, Alwin Syah Loebis, said the enterprise has yet to receive any notification on the delayed financing by Japan Bank for International Cooperation (JBIC) for Alumina project in Tayan, East Kalimantan.
Aneka Tambang's subsidiary, PT Indonesia Chemical Alumina, proposes loans to JBIC worth US$450 million to finance Chemical Grade Alumina projects.
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