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Appreciating the Government’s Commitment to Guarantee the Investment Climate

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By: Dian Ahadi )*

The government continues to improve and ensure the conditionality of the investment climate in Indonesia. This policy needs to get wide appreciation from the public as a form of the Government’s commitment in accelerating economic recovery during the Covid-19 pandemic.

Recently, the Government of Indonesia has been busy with the main focus, namely continuing to accelerate the national economic recovery due to Covid-19 as well as a wave of global economic turmoil that has caused a country like the United States to experience a recession because it is in the inflation phase for two consecutive quarters.

One of the best ways to directly boost the nation’s economy is through investment activities carried out by a number of investors, both foreign and domestic. Therefore, the government continues to emphasize its commitment to remain able to ensure a very conducive investment climate.

It is undeniable that one of Indonesia’s strength bases as a maritime country lies in its natural wealth and oceans. So if all the potential in the seas of the country can be managed properly, it is not impossible that it will continue to attract investors to invest their capital. Regarding this, the Ministry of Maritime Affairs and Fisheries stated their commitment to improving the investment climate.

Advisor to the Minister of Maritime Affairs and Fisheries, Prof. Rokhmin Dahuri, when attending the invitation to the Global Shrimp Forum held at the Van der Plak Hotel, Utrecht, the Netherlands, said that Indonesia has the potential to become the largest aquacultured shrimp producer in the world.

How not, the data shows that Indonesia itself is the largest archipelagic country in the world which has a coastline of up to 99 thousand km, which is the second longest after Canada, and has about 3 million hectares of coastal land.

So in order to be able to pursue the target as the world’s largest shrimp producer, the Ministry of Maritime Affairs and Fisheries of the Republic of Indonesia has a target for aquaculture shrimp production of up to 2 million tons by 2024, which consists of about 80 percent Vanammei shrimp and 20 percent of them are Windu shrimp. .

By continuing to boost shrimp production, according to the man who also serves as the Honorary Ambassador of the Jeju Islands and Busan Metropolitan City, South Korea, he revealed that the value of shrimp exports owned by Indonesia would immediately increase to 250 percent by 2024.

Furthermore, Prof. Rokhmin Dahuri also emphasized that the Indonesian government itself continues to guarantee a conducive investment climate and ease of doing business, including the provision of bank credit and other sources of funds. He also said that the government would also continue to mitigate and adapt to global climate change and supply chain disruption due to geopolitical dynamics that occurred due to the conflict between Russia and Ukraine.

On another occasion, the President of the Republic of Indonesia, Joko Widodo, in his speech at the DPR building in the context of the 2022 MPR annual session, conveyed how the current conditions were very uncertain after the outbreak of the Russia-Ukraine conflict. This eventually led to a food crisis, an energy crisis to a financial crisis that affected around 107 countries.

According to the president, all of these challenges must be faced by Indonesia with caution and vigilance. On that occasion, he also conveyed Indonesia’s success in being able to continue to control the inflation rate in the range of 4.9 percent, which is below the ASEAN average of 7 percent and even far below the average developed country with inflation of 9 percent.

He added that Indonesia’s economic growth was positive up to 2.44 percent in the second quarter of 2022 with a trade balance surplus that continued for 27 consecutive months. All of this is due to the very good fundamentals of the Indonesian economy. With such extraordinary biodiversity ownership, of course, it becomes a very big strength for Indonesia. Therefore, management will continue to be carried out wisely and sustainably.

The government is committed to carrying out structural reforms that are very useful for competitiveness and the business climate to continue to be improved. The investment ecosystem and the growth of MSMEs will also continue to be improved, so that recently the results have begun to be seen, namely when investment in Indonesia was able to increase sharply to 52 percent.

According to the President, several important things regarding efforts to improve the investment climate in Indonesia are how to increase downstreaming and industrialization of natural resources, then optimize clean energy sources and a green economy. Next up is legal, social, political and economic protection that is continuously strengthened, MSMEs are continuously supported to advance to class so that the development of the Archipelago Capital City (IKN) will continue to be maintained.

With all the efforts that have been made by the government, including several future plans that have been carefully considered and calculated regarding the improvement and improvement of the investment climate so that it can become more conducive, it is fitting for all of these things to be appreciated in order to immediately achieve all of Indonesia’s aspirations in the future. front.

)* The author is a contributor to the Pertiwi Institute

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