TEMPO.CO, Jakarta - The Indonesian Shipping and Offshore Industries Association (Iperindo) is ready to complete the construction of ship orders from the Transportation Ministry in accordance with the target, which is 2017.
Iperindo chairman Eddy K. Logam said project auction will finish in November 2015 and will be followed with physical construction. “This project will involve all shipbuilding companies in Indonesia,” he said on Tuesday.
Eddy hoped the Finance Ministry will soon issue a regulation that removes value-added tax of 10 percent as not paying the tax will save costs of building ships.
Previously, the Industry Ministry said the removal of value-added tax will increase the enthusiasm of domestic shipbuilding industries.