There has been discussion on incentive schemes for potential investors in Nusantara including those related to ease of doing business and permit issuance.
Dean of the Faculty of Economics and Business of the University of Indonesia Teguh Dartanto said eastern Indonesia has becoming more attractive for investors.
"We have a positive view of the prospects for investment in Indonesia going forward because we see that in recent years the economic reforms carried out by the Indonesian government have provided stability in Indonesia's macro economy"
"As the largest investment destination in Indonesia, it is proven that the acquisition of Foreign Investment (PMA) and Domestic Investment (PMDN) in Riau Province in 2021 reached IDR 53.05 trillion and absorbed 61,195 workers," said Governor
"This morning, I got a call from America. Tesla said it wanted to make a deal with us," Luhut said on Thursday.
The new production lines will export biscuit products to more than 35 countries covering markets in the Asia Pacific and the Middle East including Japan, Australia, and New Zealand.
The government has lifted a month-long ban on coal exports.