BPKM Assure Foreign Investors

The Investment Coordinating Board (BKPM) convinced foreign investors. In the arena of the World Economic Forum (WEF), Davos, Switzerland, the prospect of the Indonesian economy is called bright and promising. Solid growth with strong fundamentals.

Head of the Investment Coordinating Board (BKPM) Thomas Trikasih Lembong said Indonesia’s economic growth was predicted to multiply every 14 years. In 2017, the Indonesian economy grew 5.07 percent and reached USD i trillion. It reached a new milestone to join the Trillion-Dollar-Club, which can only be achieved by 16 countries. “It is one of the nation’s historic moments,” said Thomas in Jakarta, last weekend.

According to Thomas, as new markets emerge, Indonesia is still vulnerable to a shift in sentiment among international investors. However, at present, with the trade war of the United States (US) with China, it can make Indonesia more attractive to investors. In addition, Thomas also said that the slowdown in the world economy had a positive effect. Because it can open space to reduce risk and pressure in the capital market.

In addition to participating in the series of WEF activities, Thomas held meetings with a number of companies in the fields of information technology, energy, tourism, logistics, financial services, the pharmaceutical industry, waste processing, e-commerce and airport services. “The meeting discussed interest and investment trends in Indonesia were more convincing,” he said.

The activities at the Indonesia Pavilion are also crowded in Davos. Where, there were more than 320 visitors present at the Indonesia Pavilion from 22-25 January 2019. In this activity, there were several interest in investment in the fields of industrial supplies, paper industry, cosmetics industry and information technology. The Indonesia Pavilion activities consist of ministerial explanations, panel discussions, and one on one meeting with Indonesian ministers present at Davos namely Coordinating Minister for Maritime Affairs Luhut B Panjaitan, Minister of Industry Airlangga Hartarto, Minister of Communication and Information Rudiantara, Head of BKPM Thomas Trikasih Lembong, and CEO of an Indonesian company.

Several investors in the fields of energy, aviation, information technology, international media, financial services and industry have been scheduled to meet at the Indonesia Pavilion. At the Pavilion, investors can talk about investment plans. “Investors can immediately discuss, learn about the potential of Indonesia from ministers and officials present,” added BKPM Investment Promotion Deputy Farah Ratnadewi Indriani.

Some of the activities raised in the Indonesia Pavilion 2019 include the Indonesia Economic Outlook 2019, interviews with Nexticorn Indonesia, Digital Economy Indonesia, Making Indonesia 4.0, and national tourism promotion.

While from academics and business practitioners, Indonesia is represented by University of Indonesia International Economics Professor Mari Elka Pangestu, Chairman of Kadin Roesan Roeslani, CEO of PT Bakrie Global Ventura Anindya Bakrie, Founder & CEO of Tokopedia William Tanuwidjaja, Director of Lippo Group John Riady, and a number of board business figures above others.

This year’s Indonesian Pavilion activity is different from the previous year, namely there are tech shows (Virtual Reality, Augmented Reality and Neuro Brain Wave Technology), and exhibitions of Indonesian food and beverage products. In addition, Indonesia through the initiation of a national private company will also hold Indonesia Night in the form of a networking gala dinner and cultural performance on January 23, 2019 at Hotel Morosani Davos (ant)

Source: Ministry of Industry Republic of Indonesia