Ease of Investment from the Indonesian Government Has Proven to Attract Investors’ Interest
Jakarta — The existence of various kinds of facilities for investment that continue to be provided by the Government of Indonesia, in fact it has indeed been proven capable of attracting more and more interest from investors in investing in the country.
As many as six companies have officially invested their capital or made investments in the Wiraraja Industrial Park in Kabil, Batam, Riau Islands.
It is known that the investment value provided by the six companies amounted to US$800 million or around Rp.12 trillion.
With the investment made by these six companies, it also indicates the government’s success in Indonesia’s participation in the Hannover Messe event in 2023.
Regarding this matter, the Director General of Resilience, Regional and International Industrial Access of the Ministry of Industry, Eko SA Cahyanto explained that the success of investment entry into Batam cannot be separated from Indonesia’s participation.
For information, Indonesia has indeed participated as Country Partner of the Hannover Messe 2023.
In fact, it doesn’t just end there, his party will also continue to push for promotion and acceleration of realization in the future so that foreign investment continues to enter the country.
“Furthermore, the Ministry of Industry will continue to encourage promotion and accelerate the realization of foreign entry into Indonesia,” said Eko.
Furthermore, the six companies that have entered and invested in Indonesia include PT Apollo Solar Indonesia, PT Marubeni Global Indonesia, PT Tynergy Technology Group, PT Wiraraja Yunan International, PT Alpha Solar Indonesia and Jaya Electrical Energy.
It is projected that investment from all these companies will be able to create jobs for up to 13 thousand people.
Eko SA Cahyanto then added that the support obtained from various stakeholders was indeed very important, including the role of the Indonesian Consulate in Los Angeles in continuing to provide facilities and coordinating with the Ministry of Industry.
This coordination was carried out, especially on Tynergy’s investment plans in the country.
Meanwhile, the Coordinating Minister for the Economy, Airlangga Hartarto revealed that Indonesia itself is one of the most successful G20 member countries in carrying out economic recovery.
How could it not be, because the economy in the country itself has managed to continue to grow by up to 5.03 percent (yoy) in the first quarter of 2023.
Of course, this success is clear evidence that this nation is capable of coping well with the impact of the COVID-19 pandemic.
With the Grand Opening of the six companies providing the investment, it is also one of the most important moments for Indonesia.
Mainly, the moment to further support the post-pandemic economic recovery and continue to accelerate the increase in industrial competitiveness and of course national economic growth.
“The Grand Opening of 6 Companies at the Wiraraja Industrial Park is an important moment for Indonesia in efforts to recover the post-COVID-19 pandemic economy and accelerate industrial competitiveness and national economic growth,” said Airlangga.
The influx of many investments from various companies into Indonesia cannot be separated from the promotions and also the ease of investment that has been provided by the Government of Indonesia.
In fact, Airlangga added that the Government itself continues to provide various kinds of very promising investment incentives.
Some of them are tax holidays, tax allowances, import duty exemptions and super tax deductions to further attract investors to invest in Indonesia.
On the other hand, before the Hannover Messe event took place, Indonesia had also signed 19 business memorandums of understanding with a number of parties.
The Director General of KPAII of the Ministry of Industry, Eko Cahyanto explained that the cooperation carried out included investment, purchase contracts and technology utilization.
The interest of various companies to establish cooperation is due to the ownership of natural resources, human resources and Indonesia’s strategic position as a trade route.
