Praise The Job Creation Law, Bahrain Interested In Investing In IKN

Illustration (doc. Antara)

JAKARTA - The Presidential Staff Office (KSP) has just received a visit from the new Ambassador from Bahrain to Indonesia, Ahmed Abdulla Ahmed AlHarmasi AlHajeri, Tuesday, March 15.

Ahmed's presence was welcomed by the Head of KSP, Moeldoko, by inviting investors from Bahrain to invest in Indonesia, and jointly increase the volume of trade between the two countries, which is currently still relatively small.

"We must work to improve bilateral relations between Indonesia and Bahrain. One of them is related to efforts to encourage Bahraini entrepreneurs to invest in Indonesia," said Moeldoko, in a written statement, Wednesday, March 16.

According to Moeldoko, Indonesia views Bahrain as an important and strategic partner, namely as a gateway to enter the Gulf Cooperation Council countries.

In terms of trade between the two countries, the volume of trade between Indonesia and Bahrain is still relatively small, at around US$225 million in 2019. This value will even shrink in 2020, to only US$170 million, with Indonesia's deficit position.

Meanwhile, Ambassador Ahmed in his statement welcomed Moeldoko's invitation for Bahraini investors to invest in Indonesia. In this case, Ahmed appreciates the existence of the Omnibus Law of the Job Creation Law which he considers to be able to provide certainty for investors who invest their capital in Indonesia.

According to Ahmed, the Job Creation Law can build the confidence of business actors from Bahrain to come and invest in Indonesia.

"The Kingdom of Bahrain is also interested in the potential for developing the IKN (State Capital) of the Archipelago in Kalimantan (East). We are very interested in knowing more about the potential there, so that we can invest appropriately," said Ahmed.