The government through the Ministry of Investment / Investment Coordinating Board (BKPM) launched 47 sustainable investment projects worth Rp 155.12 trillion. Investment Minister/Head of BKPM Bahlil Lahadalia said the 47 projects were spread across a number of sectors, namely tourism, economic zones, industry and infrastructure.
According to Bahlil Lahadalia, as many as 47 projects offered have also had a pre-feasibility study so that they are ready to be followed up by investors. He mentioned the projects offered were spread across 33 provinces with details of nine projects in Java, 11 projects in Sumatra, six projects in Kalimantan, nine projects in Sulawesi, three projects in Bali and Nusa Tenggara and nine projects in Maluku and Papua.
Meanwhile, the distribution by sector includes 12 projects worth Rp 5.78 trillion (USD 400 million) in the tourism sector, 14 projects worth Rp 48.25 trillion (USD 3.37 billion) in the economic zone, 15 projects worth Rp 51.92 trillion (USD 3.62 billion) in the manufacturing industry sector and 6 sectors worth Rp 49.17 trillion (USD 3.38 billion) in the infrastructure sector.
Bahlil asked investors not to hesitate to enter these projects. He also promised to provide the best service in the licensing process and incentives. Investors, continued Bahlil, only need to bring capital, technology and part of the market.
As an emerging country, it can be seen that the government is accelerating Indonesia’s development in many sectors including infrastructure, it is highly anticipated that these projects could catch investors appetite to invest into these giant projects provided by the Indonesian Government.
SOURCE : Kompas (Kompas.com)