VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

Head office of the Investment Coordinating Board (BKPM) in Jakarta (kontan.co.id/Achmad Fauzi)

Indonesia is expecting investment from American, Japanese and South Korean firms seeking to relocate their factories out of China and set up manufacturing, furniture and electronics businesses in the country as it begins reopening. Investment Coordinating Board (BKPM) spokeswoman Tina Talisa, the firms are looking to invest in either of two industrial estate under development in Central Java - one in Batang, the other in Brebes. The agency’s head, Bahlil Lahadalia, said recently that a South Korean manufacturer would join the country’s battery industry with estimated investment of US$1.6 billion. American firms would invest in the manufacturing sector, the furniture business and electronics industries. Japanese manufacturers would also invest in the electronics industry. Bahlil Lahadalia, the agency keeps promoting Indonesia to attract new investment. (Jakpost)