18 January 2021
Indonesia outlines 2021 offset target
by Jon Grevatt
The Indonesian Ministry of Defence (MoD) has outlined an objective to enhance foreign engagement with in-country countertrade and offset requirements in 2021 to support the development of national industries.
The MoD said in recently published targets for 2021 that during the year it aims to “enhance promotion of co-operation” between local firms and foreign contractors in the defence sector.
The MoD said such co-operation will be geared towards “increasing industry capability” and will be channelled into three activities: countertrade, local content, and offsets.
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The Indonesian Ministry of Defence (MoD) has outlined an objective to enhance foreign engagement wit...
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