Entering The Political Year, The Head Of BKPM Will Visit China To Hong Kong To Give Investments

Illustration (Photo: Doc. Antara)

Head of the Investment Coordinating Board (BKPM), Bahlil Lahadalia, said he would tour countries with foreign direct investment (FDI) or direct investment in Indonesia. Like China to Hong Kong.

Bahlil said this step was part of the government's efforts to convince these countries to continue investing in Indonesia.

Given that 2023 is a political year.

"I started my March tour of Korea, China, Hong Kong. So this is very important in order to give confidence to investors," he said in a Working Meeting with Commission VI of the DPR, Monday, February 6.

Bahlil admitted that he received many questions from countries investing in Indonesia regarding policy directions in the country.

"They asked us whether this (enters) a political year, is the direction of Indonesian state policy still the same? That's always a question from the leadership. Are we still the same or not, or change the leadership to change policies again. Now, we are talking about consistency in order to give faith," he said.

Bahlil also invited Commission Vi of the Indonesian House of Representatives to participate in the tour.

According to him, investor confidence that Indonesia is safe to invest is very important. Given that this year President Joko Widodo (Jokowi) set an investment target of IDR 1,400 trillion.

In my opinion, in the future, our investment target is Rp. 1,400 trillion. This is a new challenge that I cannot carry out myself. Honestly, this. So I ask the leadership and all members of the DPR for us to both carry out this," he said.

"And this (we) must convince the public abroad, even if we want to enter our political year, we are still safe," he continued.

For your information, the Ministry of Investment/Investment Coordinating Agency (BKPM) noted that investment realization throughout 2022 was IDR 1,207.2 trillion.

In fact, it increased 34 percent from the previous year.

In detail, Foreign Investment (PMA) was recorded at IDR 654.4 trillion or 54.2 percent.

Meanwhile, the realization of Domestic Investment (PMDN) amounted to Rp552.8 trillion or 45.8 percent.

Meanwhile, on an annual basis or year on year (yoy) PMA, it was recorded that it grew 44.2 percent. Meanwhile, PMDN grew 23.6 percent.

Meanwhile, the realization of investment in Java was IDR 570.9 trillion, and outside Java it was IDR 636.3 trillion.

There are five locations for the largest contributors to PMA and PMDN investment throughout 2022.

The five locations are West Java with IDR 174.6 trillion, DKI Jakarta IDR 143.0 trillion, Central Sulawesi IDR 111.2 trillion, East Java IDR 110.3 trillion, and Riau IDR 82.5 trillion.

Meanwhile, the five largest countries to invest in Indonesia include Singapore, amounting to 13.3 billion US dollars.

Then, China 8.2 billion US dollars, Hong Kong 5.5 billion US dollars, Japan 3.6 billion US dollars and Malaysia 3.3 billion US dollars.