JAKARTA (Reuters) – Indonesia mentioned a $100 million funding proposal from Apple (NASDAQ:) to construct an adjunct and part plant was not sufficient for the nation to permit the tech big to promote its newest iPhone mannequin, its business ministry mentioned on Monday.

Indonesia in November banned gross sales of Apple’s iPhone 16 after it failed to satisfy necessities that smartphones bought domestically ought to comprise at the least 40% locally-made elements.

Indonesia has additionally banned the sale of Alphabet (NASDAQ:)’s Google Pixel telephones over an analogous lack of use of native parts.

Indonesian authorities final week mentioned Apple had put ahead the funding proposal to elevate the gross sales ban.

Apple didn’t instantly reply to a request for remark.

“We now have completed an evaluation and this (proposal) has not met rules of equity,” Business Minister Agus Gumiwang Kartasasmita instructed a press convention, evaluating the proposal to Apple’s larger investments in neighboring Vietnam and Thailand.

Apple has no manufacturing amenities in Indonesia, however has since 2018 arrange application-developer academies, which Jakarta considers a method for the corporate to satisfy native content material requirement for the sale of older iPhone fashions.

Corporations normally enhance the usage of home parts to satisfy such guidelines by partnerships with native suppliers or by sourcing elements domestically.

Agus mentioned Apple had an impressive funding dedication of $10 million it ought to have carried out earlier than 2023. He additionally wished Apple to decide to new funding till 2026.

The ministry would invite Apple to go to Indonesia to barter additional, Agus mentioned.