JAKARTA, [IFN] --- Working visit of President Joko Widodo (Jokowi) and Lady Iriana Joko Widodo and his entourage to Japan and China on 22-28 March 2015 generating business commitments worth US $ 71.44 billion.
Head of the Investment Coordinating Board (BKPM) Franky Sibarani after landing ended the state visit with President Jokowi said state visits to the two countries are expected to push the business commitments of up to US $ 71.44 billion, which consists of various projects and investment plans.
"The commitment was made up of commitment by employers in Japan and commitment to entrepreneurs in China," he said at the Soekarno-Hatta Airport on Saturday (28/3).
He said that in Japan, for example, commitment to work together "business to business" that can be collected to reach US $ 5.6 billion.
"Toyota for example, has committed to expand investment of US $ 1.6 billion, plus Suzuki of one billion dollars, and cooperation 'business to business' other between Indonesia and Japan reached three billion dollars," he said.
During his visit in Japan, President Jokowi attended business cooperation forum attended by 1,200 businessmen from Japan.
On that occasion, Jokowi offer investment opportunities that could be cultivated Japanese investors in Indonesia as well as incentives to be provided, including the ease of licensing and tax incentives are attractive to investors who make Indonesia its production base of export.
Meanwhile, in China, have been collected cooperation commitments worth US $ 68.1 billion, coupled with the commitment in the currency of 2.1 billion RMB yuan or US $ 340 million.
With a total commitment to the business so that brought home from China reached US $ 68.440 billion.
So the state visit of President Jokowi, said Franky, able to attract the commitment of up to US $ 71.45 billion.
On that occasion the President Jokowi in the presence of 450 Chinese businessmen explained his plans for the next five years after a previous meeting with Prime Minister Li Keqiang and the day before the President Xi Jinping.
Commitment and cooperation projects were mostly in the fields of infrastructure, fisheries and others.
However, he warned about the "investment rate" both countries should also be taken into account.
China's long track record of 1:10, while Japan is only 1: 6.5, which means for China from 10 commitments only one who realized while Japan is higher than that of 10 commitments as much as 6.5 realized.
However, Franky stressed the government has sought to increase the number of "investment rate" through various policies among One Stop Services (OSS) and tax incentives.
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