Infrastructures, business environment, and human capital must be good, Nazara remarked.
He expected the investors to remain in Indonesia as the country encouraged a good investment climate, the Deputy Minister said at the 9th Annual International Forum on Public Policy and Economic Development (AIFED).
The government called on all parties to work towards building a conducive investment climate.
However, the government could not forcefully stop the owners of technology companies if they wanted to move out.
If research and sustainable production were carried out in the country, business in Indonesia would get added value from investors in the form of technology transfers.
In addition to tax incentives for research and development, the government also offered tax incentives for vocational education and training and R&D up to 200 percent of the costs incurred by companies for vocations.
Another incentive for domestic taxpayers (WP) of entities who make new investments or expand businesses is that they are entitled to a reduction in net income by 60 percent.
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