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The Future of Asia 2019

Indonesia aims to attract foreign companies with new tax breaks

Incentives give country an advantage over Vietnam, industry minister says

Indonesian Minister of Industry, Airlangga Hartarto speaks to the Nikkei Asian Review on May 30, in Tokyo. (Photo by Kotaro Igarashi)

TOKYO -- Indonesia is counting on new tax incentives and upgraded infrastructure to lure more global manufacturers to the country, as it strives to become a factory floor for the world amid the simmering U.S.-China trade war.

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