Indonesia says a $100 million investment proposal from Apple to build an accessories and components factory is not enough to allow the tech giant to sell its latest iPhone model , its Ministry of Industry said on Monday.

Indonesia in November banned the sale of Apple’s iPhone 16 after it failed to meet requirements that smartphones sold in the country include at least 40% locally made parts.

Indonesia also banned the sale of Alphabet’s Google Pixel phones due to a similar lack of use of local components.

Indonesian authorities said last week that Apple had presented an investment proposal aimed at lifting the sales ban.

Apple did not immediately respond to a request for comment.

“We carried out an assessment and this (proposal) did not respect the principles of fairness,” Industry Minister Agus Gumiwang Kartasasmita told a news conference, comparing the proposal to the larger investments of ‘Apple in neighboring Vietnam and Thailand.

Apple does not have manufacturing plants in Indonesia, but has established app development academies since 2018, which Jakarta sees as a way for the company to meet local content requirements for selling old iPhone models.

To comply with these rules, companies generally increase the use of domestic components, through partnerships with local suppliers or by sourcing spare parts domestically.

Agus said Apple had a one-time investment commitment of $10 million that it should have made before 2023. He also wanted Apple to commit to new investments through 2026.

The ministry would invite Apple to visit Indonesia to continue negotiations, Agus said.