The Coordinating Ministry for Maritime Affairs and Investment is targeting 149 ports across Indonesia to be green certified by 2024.
Indonesian authorities shared the optimism that the recently ratified Indonesia-Korea Comprehensive Economic Partnership Agreement (IK-CEPA) will back domestic industries, including the downstream sector.
The state officials saw an opportunity to develop cable car in new capital Nusantara.
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.
"(Indonesia has) good quality, competitive prices. That's what we expect and I believe Indonesia is still one of the best investment places," President said.
President of Toyota Motor Corporation, Akio Toyoda, voiced his commitment to President Jokowi to invest in Indonesia during the Osaka Summit in 2019. Three years after that, Toyota had invested as much as Rp14 trillion (US$932 million).
They showed strong commitment to increase mutually beneficial investments in Indonesia.
"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"
Member of Commission VI of the DPR Harris Turino remarked that the investment was made not only to obtain short-term capital gains but to also create synergies between Telkomsel and GoTo in the future
He informed Minister Turkovic that investment climate in Indonesia has been improving.
It has raised more than US$80 million in a funding round led by GIC Private Limited (GIC), a global investment firm based in Singapore. The funding round was also joined by Prosus Ventures and other investors who had previously supported Bibit
"Cable car becomes an alternative for tourists who cant climb, so they can still see the beauty of Mount Rinjani."
Elon Musk promised to change his schedule in order to meet directly with President Jokowi, who is also scheduled to visit SpaceX," said Luhut
He said the decision wasnt made lightly by President Joko Widodo because while export results in shortage and price hike in Indonesia, it contributes greatly to national 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
Jakarta-Bandung high-speed train would start testing at the end of 2022 and be able to operate in June 2023
"This morning, I got a call from America. Tesla said it wanted to make a deal with us," Luhut said on Thursday.
At least three presidential regulations have been issued in 2022 on the zoning plan of Java Sea, Sulawesi Sea, and Tomini Bay in Sulawesi.
The 47 projects are in different sectors, including tourism, economic zone, industry, and infrastructure.