Depok, West Java, Sept. 8 -- The Indonesian government is preparing incentives to strengthen its domestic medical device industry, including tax breaks and easier access to financing.

"We're providing fiscal and non-fiscal incentives such as super tax deductions for R&D and vocational activities, along with easier licensing and financing facilitation, to accelerate the growth of the national medical device industry," said Solehan, Director of Machinery and Agricultural Equipment at the Industry Ministry, on Monday.

The ministry is also pushing for product standardization so local devices can compete globally. Producers are being assisted in meeting international standards such as ISO 13485, IEC 60601, and US FDA requirements.

These mea...