Indonesia moves to develop large vessels
Indonesia has committed to revitalising its ship building industry,
boosting production and reflecting its status as the world’s largest
archipelagic nation.
Indonesia has committed to revitalising its ship building industry,
boosting production and reflecting its status as the world’s largest
archipelagic nation.
The country’s director general for high-technology industries, Budi Darmadi, said that the government is to stimulate the market. The Industry Ministry is to offer encouragement for producers to build ships with a dead weight tonnage (DWT) of 70,000, which can carry greater loads.
Presently, local shipbuilders have the capacity to produce ships of up to 50,000 DWT and to repair ships of up to 150,000 DWT.
The Chairwoman of the Indonesian Ship Owners Association (INSA), Carmelita Hartoto, proposed an interest rate reduction for loans taken out by local ship builders as well as the elimination of a 10 percent value-added tax.
She cited high tariffs for component imports as a major reason for ship production costing more in Indonesia than in other Asian countries such as Vietnam and China.
Indonesia is home to around 200 shipbuilders, mostly centred in Batam, the Riau Islands, Tanggamus, Lampung, Lamongan and East Java.-VNA
The country’s director general for high-technology industries, Budi Darmadi, said that the government is to stimulate the market. The Industry Ministry is to offer encouragement for producers to build ships with a dead weight tonnage (DWT) of 70,000, which can carry greater loads.
Presently, local shipbuilders have the capacity to produce ships of up to 50,000 DWT and to repair ships of up to 150,000 DWT.
The Chairwoman of the Indonesian Ship Owners Association (INSA), Carmelita Hartoto, proposed an interest rate reduction for loans taken out by local ship builders as well as the elimination of a 10 percent value-added tax.
She cited high tariffs for component imports as a major reason for ship production costing more in Indonesia than in other Asian countries such as Vietnam and China.
Indonesia is home to around 200 shipbuilders, mostly centred in Batam, the Riau Islands, Tanggamus, Lampung, Lamongan and East Java.-VNA
You should also see
China’s fishing ban in East Sea violates Vietnam’s sovereignty: spokesperson
Foreign Ministry spokesperson Pham Thu Hang on April 25 said Vietnam’s consistent stance on China’s fishing ban in the East Sea, which has been affirmed clearly over the past years.
See more
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
World
Malaysia tackles food security challenges
Empowering local communities in the agriculture sector to attract young people to this field is one of the measures taken by Malaysia to address labour shortage while also contributing to tackling challenges in food security.
World
Danger warning issued for Thailand’s Bangkok as extreme heat bites
Thai authorities on April 24 issued an extreme heat warning for Bangkok, urging people to stay indoors for their safety as temperatures soared.
World
Schools in Philippines go online amid extreme heat
Record heat in the Philippines in April has forced schools to send children home for online classes.
