JAKARTA (IFNN) - Investment Coordinating Board (BKPM) noted the commitment of the Japanese and Chinese investment after the results of the state visit of President Joko Widodo each reached US $ 10.06 billion and US $ 63.40 billion, or a total of US $ 73.46 billion or about Rp 955 trillion.
Head of BKPM Franky Sibarani say, Japan and China's investment commitment demonstrated high Indonesia is still very attractive as an investment destination first.
"Our government gives great hope for political stability and certainty in the business. So the reforms taking place in OSS (one stop service) and ease of licensing to facilitate investors. If we are not ready, we will also lose the other," he said in Jakarta, Wednesday, April 1st.
Of the investment license application, both countries showed an increase. Japanese investment permit application period October 2014 to March 2015 amounted to US $ 2.7 billion. Ddari China reached US $ 13.66 billion. "We will keep this commitment is realized," he said.
For Japan, an investment commitment of US $ 10.06 billion divided into investment commitments that are already at the stage of applying for licenses to be driven realization phase worth US $ 8.11 billion and commitment at this stage of the interest to be encouraged to permit the filing of US $ 1.95 billion.
China's commitment to invest as much as US $ 24.9 billion of which are devoted to infrastructure, electricity amounted to 15.2 billion, and the rest of the cement industry, steel, rubber, palm oil, and oil. "Investment from China comes from two sources, private to private and financing," he said.
He considered, China's commitments in the infrastructure sector is important because of the need of funding large infrastructure development in the next five years approximately US $ 460 billion. About 22 percent will be funded by state and local budgets. "The rest rely on foreign investment, including the existence of the Asian Infrastructure Investment Bank (AIIB)," he said.
Head of BKPM Franky Sibarani say, Japan and China's investment commitment demonstrated high Indonesia is still very attractive as an investment destination first.
"Our government gives great hope for political stability and certainty in the business. So the reforms taking place in OSS (one stop service) and ease of licensing to facilitate investors. If we are not ready, we will also lose the other," he said in Jakarta, Wednesday, April 1st.
Of the investment license application, both countries showed an increase. Japanese investment permit application period October 2014 to March 2015 amounted to US $ 2.7 billion. Ddari China reached US $ 13.66 billion. "We will keep this commitment is realized," he said.
For Japan, an investment commitment of US $ 10.06 billion divided into investment commitments that are already at the stage of applying for licenses to be driven realization phase worth US $ 8.11 billion and commitment at this stage of the interest to be encouraged to permit the filing of US $ 1.95 billion.
China's commitment to invest as much as US $ 24.9 billion of which are devoted to infrastructure, electricity amounted to 15.2 billion, and the rest of the cement industry, steel, rubber, palm oil, and oil. "Investment from China comes from two sources, private to private and financing," he said.
He considered, China's commitments in the infrastructure sector is important because of the need of funding large infrastructure development in the next five years approximately US $ 460 billion. About 22 percent will be funded by state and local budgets. "The rest rely on foreign investment, including the existence of the Asian Infrastructure Investment Bank (AIIB)," he said.
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