JAKARTA - Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia is committed to targeting an investment of IDR 250 trillion from the G20 Trade, Investment, and Industry Working Group (TIIWG) forum.
"A rough figure is not an exact number, in our target a minimum of IDR 200 trillion to IDR 250 trillion can be a target. But detailed numbers will follow, we are working on it," he said at the virtual TIIWG G20 Inauguration event, Tuesday, February 8.
Bahlil explained that this figure was an incoming investment target to support the downstream mission that was being pushed by the government. He also specializes in the investment funds he gets to be channeled to show the downstream activities of various raw materials.
"What we encourage is the downstream sector, apart from tourism, plantations which I think are already running. What sector? Coal to go to DME (Dimethyl Ether) and Methanol, Nickel to batteries, copper must be present with a minimum of 70 percent added value," he said. Bahlil.
According to Bahlil, the target being pursued in the forum will support the investment target in 2022 of IDR 1,200 trillion. Previously, Indonesia managed to realize an investment of IDR 900 trillion in 2021.
Furthermore, Bahlil said that those who encourage environmentally friendly and fair investment and do not only focus on nominal. This means, said Bahlil, there are other interests that need to be considered. So as to empower regional entrepreneurs and MSMEs.
"This will be our focus, so that the world, especially Europe, knows about the big concept of investment from upstream to downstream. Downstream is happening in Indonesia," he said.
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