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Friday, 24 September 2021 10:33

World's Trust for Indonesia Keeps Improving, PMA Reaches 50.5 percent

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Foreign investor's trust for Indonesia keeps improving along with the investment grew by 8.3 percent in the second quarter of 2021. That was stated by Minister of Investment / Head of Investment Coordinating Board, Bahlil Lahadalia during the Investment Dialog: "Post-Pandemic Economic Recovery: Attracting Investment via Structural Reformation. This discussion was held online by Eurocham and the Investment Minister / Investment Coordinating Board on Tuesday (21/9).

Minister Bahlil said that in 2021, the investment target was set at Rp 900 trillion and 49.6 percent of it has been realized. From the percentage, foreign direct investment (FDI) was 50.5 percent. It means that the world's trust for Indonesia gradually improves.

Minister Bahlil further remarked that the global improving trust was seen from the European investors in the list of Indonesia's top foreign inventors. Based on the data from the Investment Minister / Investment Coordinating Board, in the first quarter of 2021, Switzerland was one of the top 5 investors in Indonesia. Meanwhile in the second quarter, the Netherlands was the third top investor in Indonesia.

With that achievement, Minister Bahlil Lahadalia said that the government will try to make improvements in a bid to give certainty, ease, transparency, and efficiency for the investors. One of the strategies was the Job Creation Law and the Risk-based Online Single Submission for investment licensing.

On the same occasion, Chairman of Eurocham, Julien Steimer said that some European companies in Indonesia had confirmed their commitment to keep investing in Indonesia. Steimer, on behalf of European companies, also gave appreciation for the total reformation by the Indonesian government in facilitating business between Europe and Indonesia.

He affirmed that Eurocham members are committed to continuing the dialogue and ensuring various European companies to be the right partners for Indonesia in increasing the country's business and economic security.

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