This Is A New Way For BUMN Industrial Estates To Increase Investment

JAKARTA - The momentum of the Indonesian G20 Presidency is trying to be utilized by all managers of industrial estates under the auspices of State-Owned Enterprises (BUMN) to maximize the flow of investment funds that can be brought into the region.

This strategy is a new way that is believed to be effective for industrial area managers to be able to rise after being slumped by the COVID-19 pandemic so far.

"We take advantage of this presidential momentum to attract more investors from within and outside the country, who are believed to be super contributors to economic growth that had slumped due to COVID-19," said President Director of PT Kawasan Industri Wijayakusuma (KIW), Ahmad Fauzie, as reported by Antara, Saturday, March 19.

According to Fauzie, the Indonesian government is currently focusing on two big things after the pandemic, namely recovery in the health sector and also in the economic sector.

Therefore, BUMN industrial estates take a portion in the economic sector to help the government, so that the G20 Presidency is the right momentum to improve communication and promotion with various objectives, namely attracting investors both domestically and abroad.

"Then (industrial estate managers) also support various government programs and accelerators in the revival and digitalization of the post-pandemic economy, as well as empowering SMEs (micro, small and medium enterprises) as well as economic potential as a supply network for industrial estates," said Fauzie.

According to him, investment in BUMN industrial estates after the pandemic tends to focus on the formation of new industrial areas to accommodate investment, utilizing the ratification of the Job Creation Act, attracting foreign investors to enter the country, and opening new factories and re-absorption of workers after COVID-19 .

Indonesia currently has around 120 industrial estates, of which six are state-owned enterprises. The six areas include PT Medan Industrial Estate, PT Jakarta Industrial Estate Pulogadung, PT KIW, PT Makassar Industrial Estate, PT PDI Batam Island, PT Kawasan Berikat Nusantara, and PT Surabaya Industrial Estate Rungkut.

"So the potential is quite large and open in the middle of the G20 Presidency, because each region has different characteristics," said Fauzie.

It is hoped that in the future there will be special activities that promote BUMN industrial estates in Indonesia in welcoming the G20 high-level meeting in Indonesia later this year. "Thus, the G20 in Indonesia is not only a celebration, but also can boost domestic investment," said Fauzie.