VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

The Ministry of Investment/Investment Coordination Agency (BKPM) officially introduced the Bali Compendium (Kompendium Bali). This is to encourage mutual respect for the investment policies of each G20 country according to their strengths.

"There are countries that feel more entitled and regulate other countries. Because this is not relevant to current global developments," said Investment Minister/Head of BKPM Bahlil Lahadalia in a statement, Monday (14/11/2022).

Bahlil expressed his gratitude for the cooperation of the United Nations Conference on Trade and Development (UNCTAD) which has compiled this Bali Compendium together with the Ministry of Investment/BKPM. "And this will later be used as a guide by the G20 countries," said Bahlil.

Meanwhile, UNCTAD Secretary General Rebeca Grynspan expressed her deepest appreciation to the Minister of Investment for her support and solidarity with other developing countries. Rebeca said that the Bali Compendium contained various relevant experiences related to the promotion of sustainable investment from all G20 countries.

"This compendium comes at an opportune time when the world is in crisis, severe inequality and chronic instability. This compendium offers smart solutions to the investment challenges we face," said Rebeca.

On this occasion, the Ministry of Investment/BKPM also launched the Sustainable Investment Guidelines (SIG). This is in line with the Government of Indonesia's commitment to a green economy.

The preparation of this Sustainable Investment Guide is the result of a collaboration between the Ministry of Investment/BKPM and the Coalition for the Grounded Economy, KADIN, APINDO. As well as representatives from community organizations, academics, investors, financial institutions, and MSME actors. (RRI)