Indonesia to See a Surge in Foreign Investments

Indonesia is expecting a ‘windfall’ of foreign direct investments from various international agendas. This brings a silver lining amid global geopolitical turmoil that has led investors to take a wait-and-see stance.

Tim Redaksi

18 Okt 2023 - 23.09
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Indonesia to See a Surge in Foreign Investments

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Bisnis, JAKARTA — Indonesia is expecting a ‘windfall’ of foreign direct investments (FDI) from various international agendas, bringing a silver lining amid global geopolitical turmoil that has led investors to take a wait-and-see stance. The government must now accelerate efforts to clean up the investment landscape to ensure a smooth flow of capital.

However, up to this point, there are still many issues raised by investors in the country, ranging from land legality, overlapping regulations, and uncertainties in the labor sector. Moreover, the recent rejection of the relocation of Pasir Panjang residents in Batam, Riau Islands, has clouded the domestic investment climate.

If these challenges are promptly addressed, the government may retain its various investment opportunities. Adding to the concerns is the upcoming 2024 elections, which makes potential investors wary of investing.

Policymakers are strengthening the partnership between foreign investors and local businesses to minimize controversies. President Joko Widodo, during his attendance at the Indonesia-China Business Forum, assured social and political stability to safeguard incoming investment commitments. “There shouldn’t be any concerns regarding the 2024 elections because Indonesia has had direct general elections five times,” said President Jokowi.

Cek Berita dan Artikel yang lain di Google News dan WA Channel
Editor: Yusuf Waluyo Jati
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Indonesia to See a Surge in Foreign Investments

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