Ministry Of Investment Invites Gundul Forest Tanami Investors: Reforestation Without Kuras APBN

JAKARTA - The Ministry of Investment/Investment Coordinating Agency (BKPM) plans to offer investors to reforestation Indonesia's deforestation forest.

Deputy for Investment Promotion, BKPM, Nurul Ichwan said, this is one of the steps taken by the government to carry out reforestation without draining the state budget.

He said that Indonesia's current regulations state that forests should not be used as business, but in fact there are many bare forests and it costs a lot to carry out reforestation.

"This regulation doesn't exist yet, but we from the Ministry of Investment see it as a great opportunity to rebiase again without issuing the APBN by giving entrepreneurs the opportunity to invest in the land to be reforestationed," he said, who was met after the Forum CEO event, Monday, October 23.

Later, after it is cleared, he said, the trees that have been planted will not be cut down because the carbon that has been absorbed into wood will be calculated and certified and traded on carbon exchanges.

"This is for investors, he doesn't need to fly wood, from selling carbon he has already made a profit so we don't need to leave the state budget to forest it again," explained Nurul.

In addition to paving the way for investors, this regulation will also bring foreign exchange for Indonesia.

Although he has the potential, he admits that this needs to be supported by regulations so that it runs immediately and provides benefits.

Moreover, he said, the world has entered the era of blue investment, green investment and circular investment so that this potential can be offered to investors, especially domestically because this investment does not require complicated technology.

"We do control tropical forests, we have experts. There is no need for sophisticated from abroad to enter Indonesia," said Nurul.

Moreover, he said, many entrepreneurs have realized the importance of reducing carbon emissions.

Before NZE technology was discovered, entrepreneurs had made various efforts that could contribute to reducing carbon emissions.

"Of course, some of the companies that are also listed on IDX also see that this has an interest in reducing carbon," concluded Nurul.