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March 11, 2021, 10.28 AM

KOMPAS.com – Indonesia and US automaker Tesla is still in discussion for future investment opportunities.

Though until now none of the Tesla representatives has come to Indonesia due to the Covid-19 travel restrictions, Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan said that the discussions are still ongoing.

Meanwhile, the Indonesian government spending on handling health aspects during the Covid-19 pandemic has increased by 300 percent.

Below are the editors’ picks stories published on Kompas.com:

Indonesia-Tesla Ties: Discussion Still Ongoing

Coordinating Maritime Affairs and Investment Minister Luhut Binsar Pandjaitan said on Wednesday that US automaker Tesla is still interested in exploring investment opportunities on the Indonesian market.

“We’re not a bad country. A few nights ago, Tesla was still chasing us. The discussions are still ongoing,” Kontan quoted Luhut as saying on March 10.

Luhut said the government will not beg Tesla to build its manufacturing plant in Indonesia because Tesla needs Indonesia.

“That is why I think why we shouldn’t be begging. Hey, you need us and we also need them. We have to be in an equal position,” Luhut said.

His office has been establishing contacts with Tesla. But no elaborate on the investment plan.

Source: https://money.kompas.com/read/2021/03/10/155221726/luhut-ogah-mengemis-investasi-ke-tesla-hey-you-need-us.

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