Economist: Indonesia's Neutral Position Potentially Brings Great Investment To Indonesia

Senior Economist Samuel Sekuritas Indonesia Fithra Faisal Hastiadi. (Photo: Doc. Antara)

JAKARTA - Senior Economist Samuel Sekuritas Indonesia Fithra Faisal Hastiadi stated that Indonesia's neutral position in geopolitical and economic turmoil in the world has the potential to bring large investments into the country.

ASEAN is in the midst of economic turmoil because it is neutral. With this character, this is an opportunity for Indonesia, which is the largest country in ASEAN," he said in the 2024 Business Forum in Surabaya, East Java, quoted from Antara, Wednesday, September 4.

Fithra explained that the world's economic turmoil had been going on for a long time and was exacerbated by the fight between Russia and Ukraine in 2022 so that the world was fragmented between Russia's pros and pros and Ukraine.

He said that at that time, although China and the United States (US) did not fight explicitly, the two countries were considered to have sides with Russia and Ukraine.

At that time the world was divided into pros of Russia or pros of the US. China did not participate but was considered an ideology so that it began to be abandoned by the US. The US began to attract its production base from China to other countries such as Mexico, "said Fithra.

In this case, he said the position of ASEAN, especially Indonesia, which is neutral, made Indonesia have its own attractiveness for foreign investors, especially from China.

Fithra said that about two months ago she had met investors in Singapore who were representatives of China.

The investor from China told Fithra that to revive the economy and maintain China's sustainability requires ASEAN countries, especially Indonesia.

Therefore, Fithra said investors from China began to increase investment in Indonesia through various sectors in order to maintain the sustainability of the Chinese economy.

"Indeed, there are enemies from the west and east camps, but we are talking about opportunities for Indonesian investment," he said.