Apple Is Investing $3M To Open Its First Retail Location In Indonesia

NZWeek reports (via TNW) that Apple is planning to offer direct online sales in Indonesia and to open up its first brick-and-mortar store in the capital city, Jakarta. Today the Investment Coordinating Board (BKPM) in Indonesia announced that it has approved the application filed by Apple to open up a online shop in the country. Also the report claimed that Apple is going to invest 2-3 million U.S. dollars to open its first retail location in Jakarta.

TNW noted that Apple actually sold its products in this country from 2008 to 2010 before decommissioning its online shop due to problems with shipping out of Singapore. TNW also pointed out that Foxconn is investing $10 billion in order to build a new hardware manufacturing factory in Indonesia with construction expected to start this year.