Apple investing $3M to open first retail store in Indonesia, resume direct online sales
Apple plans to create an online retail presence in Indonesia, according to a report from NZWeek (via TNW), as well as open its first retail location in the country with a new store in the capital city, Jakarta. Confirmation of the investment comes from the country’s Investment Coordinating Board (BKPM). It has approved Apple’s application to open up shop in the country, and the report claimed Apple is looking to invest $2 million to $3 million USD in the capital city of Jakarta to open its first brick-and-mortar retail location.
Just last month, Apple started selling the iPhone 5 in close to 50 new countries including Indonesia. The country also started receiving access to iTunes music and movies last month with the rollout of the service to 56 new countries.
As noted in the report, Foxconn is investing $10 billion USD to open a new hardware manufacturing plant in Indonesia with construction slated to kick off this year. TNW pointed out that Apple actually sold products in Indonesia from 2008 to 2010 before stopping due to difficulties with shipping out of Singapore.