Indonesia Waives Import Duties on Aircraft Parts, Petrochemical LPG

The Indonesian government has decided to temporarily waive import duties on aircraft parts and petrochemical-derived Liquefied Petroleum Gas (LPG). This measure aims to enhance the competitiveness of the domestic aviation industry and ensure a stable supply and controlled prices of LPG, which is essential for public life. For aircraft parts, import duties will be waived to support the development of the domestic Aircraft Maintenance, Repair, and Overhaul (MRO) industry. This is expected to help MRO companies increase their competitiveness in the international market and foster technological innovation. As an archipelagic nation, air transportation plays a crucial role in domestic mobility and logistics in Indonesia. Strengthening the MRO industry will also contribute to improved aviation safety. Meanwhile, import duties on petrochemical-derived LPG will also be waived. LPG is widely used as a cooking fuel in many Indonesian households, and its price directly impacts public life. This duty waiver aims to reduce the import cost of LPG, thereby curbing potential increases in its retail price and alleviating the financial burden on households. The stable supply of LPG, which remains an important energy source amidst the ongoing energy transition, is indispensable for socio-economic stability. This decision reflects the government's commitment to fostering sustainable economic growth and improving public welfare in Indonesia. It indicates an intention to balance economic policies by strengthening domestic industries while implementing measures to stabilize prices directly affecting the lives of citizens.