Attending The Laying Of The First Stone For The Construction Of The KLBB PT Vinfast Automobile Indonesia, This Is Moeldoko's Message Regarding Investment Perturbative

While attending the groundbreaking for the construction of the Battery-Based Electric Vehicle (KLBB) assembly plant, PT Vinfast Automobile Indonesia, in Subang, West Java, Monday, July 15, the Presidential Chief of Staff, General TNI (Ret.) Moeldoko, warned that there should be no actions that could harm investment in Indonesia.

He emphasized that the government has worked hard to make investors feel safe and comfortable investing in Indonesia.

"Wherever investors are in Indonesia, they must always feel safe and comfortable," said Moeldoko.

Moeldoko conveyed three efforts by the government to make investment easier. First, make various regulatory improvements through the Omnibus Law. Where 72 more laws have been synchronized.

Second, he continued, the government has maintained stability in security, economy, and politics so that investors feel safe and comfortable in Indonesia. Third, the government is also reforming the bureaucracy so that public services can be completed quickly. That's everything to provide certainty and convenience for entrepreneurs for anyone," he said.

Moeldoko said that PT Vinfast Automobile Indonesia's investment in the form of the construction of an KLBB assembly plant in Subang is one of the government's hard work in creating a conducive investment climate. He is also optimistic that the investment will leverage economic growth in the regions and nationally. This is a factor for levering regional growth and of course national economic growth will also increase," he said.

Moeldoko also believes that Vinfast's investment as an electric vehicle automotive industry will provide technology transfers that can be enjoyed by young people. So that Indonesia can keep up with the development of electric vehicle technology from time to time.

Meanwhile, Vingroup Chairman of Senior Advisor & CEO of Vgreen Global Charging Station Jsc, Dr. Nguyen Duc Thanh, conveyed the investment value of Vinfast Indonesia amounting to USD 200 million. The KLBB assembly plant can produce 50 thousand vehicles per year specifically designed for consumers in Indonesia. This facility will contribute to Indonesia's ambition to produce 600 thousand electric cars, and 2.5 million electric motors," he said.

"And this makes Indonesia a big player in the global electric vehicle industry, and encourages green transportation in Indonesia," concluded Nguyen.