JAKARTA - President Prabowo Subianto offered real, transparent, and profitable investments to Japanese business actors at the Indonesia-Japan Business Forum in the context of a working visit to Japan.
"All our projects must be feasible, must be bankable, must provide real benefits, real return on investment," said President Prabowo Subianto at a forum held at the Imperial Hotel Tokyo, Monday, March 30, reported by ANTARA.
In his speech, the President emphasized that the Indonesian government prioritizes a results-based approach in every investment project offered to global parties. He emphasized the importance of projects that are not only ambitious, but also have financial viability and a real impact on strengthening the national economy.
The President also conveyed that Indonesia is very open to international collaboration, especially with Japan which is considered to have competitive advantages in various sectors.
According to him, Japan has advantages in technology, methods, and industry experience that can be synergized with the potential of natural resources and human resources in Indonesia.
"That is why we are very open to Japanese active participation, Japanese technology, Japanese experience, Japanese methods," the President explained the reason for strengthening the partnership.
The President explained that the government also offered a long-term strategic partnership scheme in addition to conventional investments. To support this, Indonesia has formed a sovereign wealth fund that consolidates state-owned assets and companies in a single integrated management.
He emphasized that the management of the fund was carried out with the principle of good governance, including the application of world best practices and firm efforts in eradicating corruption. The government is committed to providing rational management to avoid any form of abuse of authority in the investment bureaucracy.
"We want rational management, best practices. We want to eradicate corruption and abuse of authority," said the President emphasizing Indonesia's commitment to transparency.
The President revealed that the initial results of the management of the fund had shown positive developments for the state's asset portfolio. In the first year of operation, a number of assets recorded significant increases that even approached the 300 percent figure in terms of asset returns.
"Some of them have produced an increase of almost 300 percent in asset returns. This is very exciting," he explained in front of Japanese entrepreneurs.
At the end of his speech, the President again invited global investors to establish closer partnerships with Indonesia, especially in the development of the manufacturing industry. He emphasized that Indonesia is currently looking for partners who are ready to grow together through a sustainable technology transfer process.
"We are looking for partners who are ready to join us to build the industry, transfer technology, and grow together," said the President.
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