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Article

8 Apr 2025

Author:
Julian Isaac,
Author:
Imanuddin Razak,
Author:
indonesiabusinesspost.com

Indonesia: US reciprocal tariffs might impact to national solar PV industry, Chamber of Commerce says

"Kadin urges swift government action, warns of job loss and investment shift" 8 April 2025

The Indonesian Chamber of Commerce and Industry (Kadin) has suggested that the government immediately take concrete steps to protect domestic industries from the impact of the reciprocal tariff policy imposed by the U.S.

Deputy Chairperson for Special Economic Zones, Industrial Areas and National Strategic Projects at Kadin, Akhmad Ma'ruf, said that the government's measures are urgently needed to reduce the potential for mass layoffs and maintain national socio-economic stability.

...

Kadin proposed five strategic steps to the government in overcoming the impact of the U.S. tariff policy.

...

Third, the Batam, Bintan and Karimun (BBK) area which was designated as a Special Economic Zone (KEK) and Free Trade Zone, needs to receive special attention to become a Foreign Trade Zone and obtain Privileged Foreign Status.

...

Fifth, Kadin asked for special attention to the Solar PV (photovoltaic) manufacturing industry in the Riau Islands, which currently consists of 26 companies with an export contribution to the U.S. of around US$350 million per month.

Currently, the Solar PV industry employs around 10 thousand direct workers and 30 thousand indirect workers.

"If this situation continues, there will be significant job losses," Ma'ruf said.

...

Timeline

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