Indonesias Shipbuilding Industry to Get Incentives

Indonesias Shipbuilding Industry to Get Incentives

Assessment

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Business

University

Hard

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The Indonesian government plans to boost the shipbuilding industry by removing import duties on raw materials and ship components. Minister of Industry Saleh Hussein highlights incentives like tax removal to support growth. The government also considers tax allowances to enhance connectivity between islands. Indonesia currently has around 200 shipbuilders, with a capacity of up to 70,000 deadweight tonnes. The country aims to build larger ships by 2015, focusing on oil tankers, despite high production costs compared to Vietnam and China.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is one of the key strategies the government is using to boost the shipbuilding industry?

Removing import duties on raw materials

Increasing import duties on raw materials

Increasing borrowing costs

Reducing the number of shipbuilders

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What additional incentive is the government considering to support the shipbuilding industry?

Increasing tariffs on imports

Introducing new taxes

Lifting value-added tax

Reducing ship production

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Where are most of Indonesia's shipbuilders located?

Bali and Lombok

Jakarta and Surabaya

Java and Sumatra

Batam, Tanga, and Lamon

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Indonesia's target for shipbuilding by 2015?

Reducing ship production

Focusing on passenger ships

Building larger ships, especially oil tankers

Building smaller fishing boats

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How do Indonesia's production costs compare to other Asian countries like Vietnam and China?

They are higher due to borrowing costs and tariffs

They are lower due to government subsidies

They are lower due to cheaper labor

They are about the same