In Front Of The Largest PMA In Indonesia, Bahlil Convinced That The 2024 Election Will Not Disrupt The Investment Climate

Bahlil Lahadalia in the Investment Forum with the theme "Indonesian Investment Tren 2024 and Green Economic Opportunities" in Singapore, Friday (8/12/2023). (DOC. ANTARA)

JAKARTA - In front of more than 200 participants of the Investment Forum activity with the theme "Indonesian Investment Trend 2024 and Green Economic Opportunities" in Singapore, Friday, December 8, the Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia assured Singaporean investors that the 2024 election democracy party did not interfere with the investment climate in Indonesia.

Bahlil emphasized that the investment climate in Indonesia continues to grow and Indonesia is still open to collaborating with investors from Singapore to invest in Indonesia. "I know that Indonesia is facing a political year, but we believe politics will not interfere with investment in Indonesia. How do we do it? The government facilitates business licenses through the OSS Indonesia application. Everything is free, if you pay it, entrepreneurs use consultants. Shouldn't we believe in the government more?" Bahlil said as stated in Jakarta, Saturday. Bahlil also emphasized that Indonesia does not provide special facilities to just a few countries. Indonesia is open to all investors from various countries. On the same occasion, the Ambassador of the Republic of Indonesia to the Republic of Singapore Suryo Pratomo also added that Indonesia has abundant natural resources and is a great potential. However, Indonesia has urgency in paying attention to industries that focus on environmental conservation, and ensuring prosperity for future generations.

"The government is committed to reducing greenhouse gas emissions, promoting renewable energy sources and preserving recognized international-level natural resources. We have started ambitious steps to become one of the global leaders in an environmentally friendly economy," Suryo explained.

Reported by ANTARA, Santu, December 9, was present to fill the panel discussion session, namely Deputy for Investment Promotion at the Ministry of Investment/BKPM Nurul Ichwan, Deputy for Economic Affairs of the Ministry of National Development Planning/National Development Planning Agency (PPN/Bappenas) Amalia Adininggar Widyasanti, Expert Staff of the Coordinating Minister for Economic Affairs Reza Yamora Siregar, Expert Staff of the Coordinating Minister for Maritime Affairs and Investment Edo Mahendra, and Head of Bank Mandiri Economist Andry Asmoro.

Singapore is the origin of the largest Foreign Investment (PMA) for the past three years, with significant investments of 12.1 billion US dollars from January to September 2023. Dominating investment comes from the basic metal industry, transportation, warehousing and telecommunications sector as well as real estate, industrial area, housing.

The top locations for Singapore's investment destinations are in DKI Jakarta, Central Sulawesi and West Java.