Equity: Jurnal Ekonomi
Vol 12 No 1 (2024): Equity : Jurnal Ekonomi

The Potential of Indonesia's Ship Engine Market to Attract Foreign Investors for Domestic Manufacturing

Andi Komara (Direktorat Industri Peralatan Maritim, Transportasi, dan Pertahanan Kementerian Perindustrian Republik Indonesia)
Kevin Theodore Putra Iroth (Direktorat Industri Peralatan Maritim, Transportasi, dan Pertahanan Kementerian Perindustrian Republik Indonesia)
Sungkono Sungkono (Direktorat Industri Peralatan Maritim, Transportasi, dan Pertahanan Kementerian Perindustrian Republik Indonesia)
John Samuel Saragih (Direktorat Industri Peralatan Maritim, Transportasi, dan Pertahanan Kementerian Perindustrian Republik Indonesia)
Sarifah Ulfa Sahubawa (Direktorat Industri Peralatan Maritim, Transportasi, dan Pertahanan Kementerian Perindustrian Republik Indonesia)
Maulina Dwiwanti (Direktorat Industri Peralatan Maritim, Transportasi, dan Pertahanan Kementerian Perindustrian Republik Indonesia)



Article Info

Publish Date
26 Jun 2024

Abstract

Indonesia is a prospective country for everyone to decide on an investment. There are four reasons to strengthen the motivation to invest some capital in the maritime industry sector. Moreover, Indonesia has approximately 342 shipbuilding companies and 127 ship component companies which spread out throughout the nation. However, Indonesia has no engine maker company yet and this is an opportunity for all investors who want to establish their own engine company or a branch in this country. The biggest opportunity is in the fishery sector with a growing number of fishing vessels and the Indonesian marine fishery production potential as the largest archipelagic country is still increasing. Furthermore, other opportunities are passenger ships, cargo ships, and tug boats because they have a significant number in the nation. In addition, Indonesia also gives several incentives to new investors, like a tax allowance, a super tax deduction, and an import duty facility. Ultimately, the prospect has been considered to involve responsibilities among shipowners, shipyards, main engine manufacturers, and the government.

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Journal Info

Abbrev

equity

Publisher

Subject

Economics, Econometrics & Finance Social Sciences

Description

Equity: Jurnal Ekonomi [p-ISSN 1978-3795, e-ISSN 2721-6721] is double-blind peer-reviewed, open access, a scientific journal that contains the results of theoretical research and studies on economic and development issues. The issue is related to: literature review, modeling results in economics, ...