Luhut: Investors Who Invest Must Be Able To Bring Profit To Indonesians And Grandchildren

Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan. (Photo: Kemenko Marves)

JAKARTA - The Coordinating Minister for Maritime Affairs and Investment (Menko Marves) Luhut Binsar Pandjaitan gave several conditions that must be met by investors before investing in Indonesia.

These conditions, said Luhut, will provide benefits to Indonesia. Not only that, this requirement is set by the government while still paying attention to the survival of the surrounding community in the investment area.

According to Luhut, one of the requirements put forward by the government is related to the environment. He considered, this is important to protect the environment from damage.

"So investors who come to Indonesia are not arbitrary. Like investors provide first-class technology, not fake technology because it uses the environment. This is the responsibility of our children and grandchildren not to make the mistake of making technology, eventually the environment is damaged, the first victim of our children and grandchildren," he said in a statement. Special Dialogue: Challenges and Optimism for Investment in 2021, Jakarta, Wednesday, February 3.

Luhut said that the government also provided conditions that there must be technology transfer. Investors must not bring the technology and must educate Indonesian children.

"Therefore, our children must be able to master the high technology that is there," he explained.

Then, he said, it must be done business to business (b-to-b). This is important so that Indonesia's debt does not increase because of the BTB.

Luhut said the last requirement that potential investors must meet is to use as many Indonesian workers as possible.

"Of course, in the next 3 to 4 years we will not be able to master the technology, training will be carried out. So the Indonesian people should not have a negative impact on this," he said.