The Indonesia Consulate General in Guangzhou held a business meeting that facilitated the meeting of entrepreneurs in southern China with Indonesian Government authorities to promote investment opportunities in Indonesia. The event was held on Tuesday (27/8) with the theme “Indonesia - Southern China Business Forum 2024 Doing Business in Indonesia: Building Strong Connection for Sustainable Growth.” The event was attended by around 300 people; the majority of whom came from the business community in the southern China region.
Indonesian Ambassador to China and Mongolia, Djauhari Oratmangun explained the moment of close bilateral relations between Indonesia and China, which next year will enter its 75th year, can be utilized by the Chinese business-people to explore business and investment opportunities in Indonesia.
Moreover, Ambassador Djauhari, speaking at the opening of the business forum in Guangzhou, Guangdong Province, China, according to a press statement received by Indonesia Window on Thursday (29/8), pointed out that a number of sectors that can be explored by Chinese investors are renewable energy, digital economy and infrastructure. On that occasion, Indonesian Consul General of Guangzhou, Ben Perkasa Drajat conveyed that the business forum in 2024 specifically focused on the renewable energy sector, green economy and the development of the electric vehicle ecosystem.
Meanwhile, Deputy for Infrastructure and Transportation, Coordinating Ministry for Maritime Affairs and Investment, Rachmat Kaimuddin underlined the strength of the Indonesian economy supported by a stable investment ecosystem and a manufacturing industry that began the downstream process. According to Rachmat, Indonesia has a target to build an economy that is balanced with efforts to alleviate poverty and preserve the environment, especially to achieve the target of 'net zero emissions by 2060. Ministry of Investment, Investment Coordinating Board (BKPM) through its representative in Beijing (IIPC) also stated that it actively facilitates Chinese investors who want to invest in Indonesia.
IIPC Beijing Director, Evita Sanda explained that through investment policies that are friendly to foreign and domestic investors, the Indonesian government seeks to create a conducive environment for investors to do business in Indonesia. Based on IIPC data, in 2023, Chinese investment in Indonesia was recorded at 7.4 billion US dollars while in the first quarter of 2024, investment from China reached 1.87 billion US dollars plus investment from Hong Kong reached 1.89 billion US dollars.