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Monday, 11 October 2021 00:00

Indonesia Eyes Investment from the United Arab Emirates through Dubai Expo 2020

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The Ministry of Investment/the Investment Coordinating Agency is eyeing investment for Indonesia from the United Arab Emirates by participating in Dubai Expo 2020. This was stated by Expert Staff for Competitiveness Improvement Investments at the Ministry of Investment, Heldy Satrya Putera at the Dubai Expo 2020 webinar themed: “Indonesia's showcase in the virtual world” last October 7. Dubai Expo 2020 takes place from October 1, 2021 to March 31, 2022.

According to Heldy, the participation in Dubai Expo 2020 is one of Indonesia's opportunities to encourage investment. It is hoped that from this activity, Indonesia can bring in much bigger investment from the United Arab Emirates and other countries. He also explained that Dubai Expo is participated by a total of 192 countries. Heldy admitted that the United Arab Emirates is not among the top 10 investment countries in Indonesia. However, it already has a large investment project in this country.

He further explained that the investment projects that he wants to bring in from the United Arab Emirates through Dubai Expo 2020 are new and renewable energy sector, tourism, and infrastructure. Heldy is optimistic that Dubai Expo 2020 can encourage a significant increase in investment from the United Arab Emirates.

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