JAKARTA, Nov. 18 (Xinhua) -- The Indonesian Finance Ministry has decided to reduce import tariffs for engines and materials for construction used by industries to zero as an effort to boost investment in the country, spokesman of the ministry Harry Z. Soeatin said here Wednesday.

    The spokesman said that the regulation would take affect at mid of December and it would be evaluate within first two-year of implementation.

    "The exemption of import tariff facility aims to attract investment and spur economic growth amid the tough global competition," he said at the ministry.

    "The policy was made to support firms that carry out industrial activities," Soeatin said.

    The southeast Asia largest economy along with other ASEAN peers, has struggled to recover from the fallout of the global financial routs.

    Indonesia has attempted to boost its declining exports during the global crisis by strengthen competitiveness, as the global demand and prices of export products from emerging markets, including Indonesia, has started to rise.

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