Investment Minister: Investors Want Next Leaders Like Jokowi

JAKARTA - Investment Minister/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said investors want Indonesian leaders to have leadership capabilities like President Jokowi.

According to Bahlil, so far the level of investor confidence in Indonesia is high due to the impact of President Jokowi's leadership.

"The level of their trust (investors) in Indonesia is very high, especially in the leadership of Mr. Jokowi. That cannot be avoided. If you ask the investors of the next Pak Jokowi who, they still want to take leadership like what Jokowi did in a consistent investment context, especially in the context of downstreaming," Bahlil said in his presentation on investment realization in the first quarter of 2023 in Jakarta as reported by ANTARA, Friday, April 28.

According to Bahlil, investor satisfaction with President Jokowi's leadership is not only shown by foreign investors but also domestic investors, including the public in general.

Pak Jokowi's approval in yesterday's survey was approximately 75-76 percent, the level of public satisfaction. This is almost the same as Indian Prime Minister Modi," he said.

Bahlil revealed that one of Jokowi's advantages in the eyes of investors is the same business agreement from the top ranks to the ranks below. This is considered to provide certainty and confidence for investors.

"I ask investors, what distinguishes Mr. President Jokowi from, apologize, our previous seniors? They said, 'If President Jokowi, the auction invests once, A is above, also A. Not above A, under the game. Usually A is above, below it is A minus, B can be, meaning there is no uncertainty,' he said.

Based on data from the Ministry of Investment/BKPM, investment realization in the first quarter of 2023 reached IDR 328.9 trillion.

In detail, the realization of Foreign Investment (PMA) during January-March 2023 reached IDR 177.0 trillion (53.8 percent of the total investment realization), growing 20.2 percent compared to the same period the previous year.

Meanwhile, the realization of Domestic Investment (PMDN) reached IDR 151.9 trillion (46.2 percent), growing 12.4 percent on an annual basis (yoy).

Investment realization in the first quarter of 2023 of IDR 328.9 trillion has reached 23.5 percent of the investment realization target in 2023 of IDR 1,400 trillion and managed to absorb 384,892 Indonesian workers.