Bahlil Gets A Mangkrak Investment Heritage From Tom Lembong, How Much Is It?

Investment Minister Bahlil Lahadalia (Photo: dock. VOI)

JAKARTA - The Minister of Investment/Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, alluded to Thomas Lembong or Tom Lembong. Bahlil admitted that he received a stalled investment legacy from Tom Lembong when he served as Kelapa BKPM.

Then, how much stalled investment was inherited by Tom Lembong?

The former Chairperson of Hipmi noted that he was able to inherit a stalled investment project of Rp708 trillion from Tom Lembong.

However, Bahlil admitted that he had cleared the stalled investment for less than three years. As much as 78 percent of the total stalled investment has been completed.

"I am included in BKPM, not October 2019, I was inherited by my previous leader with a stalled investment of Rp708 trillion, and thank God, in the no more than three years of stalled investment, we can execute Rp558 trillion or 78.9 percent," he said at a press conference, at the Office of the Ministry of Investment, Jakarta, Wednesday, January 24.

Bahlil admitted that the stalled investment did not reach 100 percent, because many companies chose not to invest due to the COVID-19 pandemic.

"The rest we cannot execute because of the COVID pandemic and the companies are backing down. This is also my report to the public, not that we cannot execute, but indeed the company is experiencing all kinds of internal problems," he explained.

On this occasion, Bahlil also considered Tom Lembong only good at making speeches, but could not interfere with investment.

The former official who graduated from Harvard, whose school was great, is no better than the current official. So, it doesn't have to be the one who says he is good at making the speech can execute investment, if you want it to be good," said Bahlil.