Bahlil's Subordinates Are Optimistic That Dubai Expo 2020 Pushes For The Achievement Of The Investment Realization Target Of IDR 900 Trillion

Illustration. (Photo: Unsplash)

JAKARTA - The Ministry of Investment is targeting a number of investments to come to Indonesia from the implementation of Expo 2020 Dubai in the United Arab Emirates (UAE). The government also hopes that the implementation of Expo 2020 Dubai will encourage the achievement of the investment realization target of IDR 900 trillion this year.

Expert Staff for Investment Competitiveness Improvement at the Ministry of Investment, Heldy Satrya Putera, said that the government sees this expo as an opportunity for Indonesia to promote investment potential in the Motherland.

"This Expo we will also promote investment opportunities to the world. By preparing for the Dubai Expo it will provide even greater opportunities," he said in a virtual event, Thursday, October 7.

Heldy said Expo 2020 Dubai is also expected to attract investors to invest in Indonesia. Moreover, Heldy said, the UAE has not yet entered the top 10 investments in Indonesia, but there are already several projects that are quite large and in accordance with what the government wants to develop.

"We have a national investment target of IDR 900 trillion in 2021. From January-June we realized 49.2 percent. We hope we can push the rest or realize it until the end of the year. One of the opportunities to encourage realization is by participating in Dubai," he said.

According to Heldy, there are several sectors that Indonesia is targeting to get investment from the United Arab Emirates. Starting from the health sector, tourism, infrastructure to new and renewable energy (EBT).

"They (UAE) have also entered EBT. We encourage them to enter (invest) more in new and renewable energy products, they are also interested in other infrastructure such as toll roads," he said.

As is known, in March 2021, the UAE through the Crown Prince of Abu Dhabi and the Deputy Supreme Commander of the UAE Armed Forces, Sheikh Mohammed bin Zayed Al Nahyan, the UAE has announced that it will invest 10 billion US dollars into Indonesia's sovereign wealth fund or the Indonesian Investment Authority (INA). .

Later these investments will focus on Indonesia's strategic sectors, including infrastructure, roads, ports, tourism, agriculture, and other promising sectors. Heldy said one of the investments is planned to be in Aceh.

"They will ask us to invest these funds in infrastructure projects that they have determined, such as tourism, one of which is in Aceh," he said.