By: Raditya Rahman) *
The acceleration of the realization of foreign investment commitments made by the Government must continue to be fully supported because it will also bring a series of positive impacts for all Indonesian people.
In collaboration with several East Asian countries such as the People’s Republic of China (PRC), Japan and South Korea, the President of the Republic of Indonesia, Joko Widodo, immediately instructed all his staff to focus more on accelerating the realization of investment commitments. One that has been planned is a joint investment with a large technology company from the country of Ginseng, namely LG in the Nusantara Capital (IKN) area in East Kalimantan.
In this regard, the Minister of Investment who is also the Head of the Investment Coordinating Board, Bahlil Lahadalia said that there had been realization of a number of joint investment commitments with South Korea that had begun, including the development of steel products and an electric car battery ecosystem worth 6.72 billion US dollars. or equivalent to Rp. 100 trillion.
Bahlil also emphasized that so far his party has pocketed several commitments that have been agreed upon and all of them are in progress. In fact, he added, some groundbreaking began at the end of this year, and some in January 2023.
Regarding the cooperation with China, Bahlil explained that what had already started was the export of crude palm oil or crude palm oil (CPO). Jokowi President also encourages the acceleration of infrastructure development in the industrial area of North Kalimantan (Kaltara). According to him, the President also immediately directed that the Ministry of Investment should start accelerating industrial estates in Kaltara and so far all permits have been completed and even the construction of the infrastructure itself has now begun.
Meanwhile, the Coordinating Minister for the Economy Airlangga Hartarto said that the Japanese government is expanding the proposed market access for several tropical fruits and products, such as mango, pineapple, and banana. Furthermore, Japan has received the New Indonesian Sustainable Palm Oil certification, as well as expanding the proposed market access for canned tuna, coffee, and Indonesian marine products.
Then, there was an agreement on the location of the construction of a fertilizer factory and a methanol factory in West Papua. With this, Coordinating Minister Airlangga hopes that he will soon be included in the general review of the International General Produce Association, where the tariffs can be corrected later.
In addition to continuing to seek cooperation with other countries, the policies of the President Jokowi Government to continue to accelerate infrastructure development and simplify investment regulations have significantly created equitable development in Indonesia. The infrastructure development and implementation of the National Strategic Projects made the final investment no longer just centered on the island of Java.
For information, regarding infrastructure development and equitable development, PT Jasa Marga (Persero) Tbk through its subsidiary, PT Jasamarga Ngawi Kertosono Kediri (JNK) which manages the Kertosono-Kediri Toll Road, is currently entering the stage of identification and land inventory for road construction. the toll. This progress is a follow-up to the issuance of the location determination (penlok) by the East Java Provincial Government.
President Director of PT JNK Arie Irianto explained that the regional government that had been determined through the East Java Governor’s Decree at the end of May 2022 covered the Nganjuk Regency and Kediri Regency. Currently, the Land Procurement Committee (P2T) teams of the two districts have also been formed and are entering the stage of carrying out their duties.
To support the investment climate, the Government accelerates infrastructure development and facilitates licensing by implementing online single submission (OSS), a digital business licensing system. The government continues to improve OSS and strengthen human resources, both institutional and regional ministries. The government also focuses on complying with the provisions of the Constitutional Court for the Job Creation Act.
The reason is that so far it continues to be an obstacle regarding licensing regulations for making investments which are considered to be quite difficult, especially with so many doors so that it will certainly hamper investment activities. Therefore, by utilizing technological advances, the government is very committed to being able to improve the OSS so that all investment activities can run much more easily.
The task of Accelerating Investment is to propose projects or sectors/commodities that have the characteristics of rapidly generating/adding foreign exchange, generating jobs, and developing regional/local economies, as well as accelerating the implementation of cooperation between business actors with large scale businesses and micro, small and small businesses. medium.
With the acceleration of investment, there will be many things that are profitable for the country, even including very profitable for all Indonesian people themselves. Because recently there is a demographic surge in the country, where there are many productive age groups, but they are still constrained by limited employment opportunities.
Therefore, all efforts from the Government to continue to realize the acceleration of foreign and domestic investment commitments must continue to be fully supported by all Indonesian people because the good impact will be utilized and obtained together.
)* The author is a contributor to Pertiwi Institute