"It will continue," the ministry's Deputy for Investment Promotion, Nurul Ichwan, remarked on Wednesday.
He revealed that the US technology giant had purchased land for the factory in Batam and expressed its seriousness about investing in Indonesia.
"The company had purchased the land. It is impossible not to invest," Ichwan remarked.
However, he assumed that implementing the reciprocal tariff policy would affect the performance of US companies.
Hence, Ichwan emphasized that those companies must strengthen their markets and production in other countries to boost competitiveness.
"The company will lose the global value of its products if it builds the factory in the US but markets the products in other countries too," he noted.
Earlier, Coordinating Minister for Economic Affairs Airlangga Hartarto stated that Indonesia and the United States agreed to complete negotiations on reciprocal import tariffs within 60 days.
"We agreed to complete these negotiations within 60 days," he stated in a press conference titled "Latest Developments in Indonesia-United States Trade Negotiations and Diplomacy" in Washington, D.C., on April 18.
During the ongoing negotiations, both countries agreed on a reference framework and scope of discussion, which includes partnerships on trade and investment, critical minerals, and supply chain reliability or resilience.
According to the minister, the meeting results will be followed up with various meetings of one to three rounds.
"We hope that within 60 days, the framework can be realized in an agreement approved between Indonesia and the United States," Hartarto noted.
He elaborated that the 60-day deadline would be dedicated to completing discussions on issues, while the subsequent 30 days (within the 90-day pause) would focus on implementing the agreement.
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Translator: Ahmad Muzdaffar, Resinta Sulistiyandari
Editor: Azis Kurmala
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