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Home INDONESIA GULF NATIONS NEWS

Indonesia still an investment destination: minister

by 198indonesianews_v2w0tn
September 8, 2021
in INDONESIA GULF NATIONS NEWS
0
Indonesia still an investment destination: minister
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Yesterday, I welcomed the go to of the CEO of Samsung and we additionally communicated with the chairman of Hyundai. They see Indonesia as an funding vacation spot as a result of they see how we’re coping with COVID-19

Jakarta (ANTARA) – Indonesia remains to be an funding vacation spot for numerous international corporations, primarily because of the federal government’s dealing with of COVID-19, Coordinating Minister for Maritime Affairs and Funding, Luhut Binsar Pandjaitan, has mentioned.

 

“Yesterday, I welcomed the go to of the CEO of Samsung and we additionally communicated with the chairman of Hyundai. They see Indonesia as an funding vacation spot as a result of they see how we’re coping with COVID-19,” he remarked on the launch of the ‘Happy with Made in Indonesia Merchandise’ nationwide motion #PasarLautIndonesia in Aceh, accessed on-line from right here on Wednesday.

 

The minister mentioned that success in coping with COVID-19 is now a part of the parameters thought of by international traders in figuring out the position of investments. Nevertheless, Indonesia shouldn’t be happy with the achievements which were made, he added.

 

The previous Coordinating Minister for Political, Authorized and Safety Affairs mentioned that he had acquired many messages from colleagues overseas concerning the dealing with of COVID-19 in Indonesia. One message was from a professor at Columbia College, US, who lauded the efforts made by the Indonesian authorities to comprise coronavirus infections, he knowledgeable.

Associated information: 11 Java-Bali districts/cities implementing PPKM Stage 4: Pandjaitan

 

The dealing with of COVID-19 within the nation has not been easy due to Indonesia’s geographical and sociological circumstances, the minister famous.

 

Pandjaitan mentioned he had additionally acquired a proposal from a medical faculty in Boston, US, concerning the dealing with of COVID-19 and had discovered that the Indonesian authorities had adopted all of the measures within the proposal.

 

“The proposal talked about all of the efforts we’ve got made. Nevertheless, there are a number of methods that they didn’t perform, specifically the position of the military and police, which has been very dominant in disciplining the group so that each one applications will be executed. Then, additionally they didn’t perform the PeduliLindungi program. That’s certainly one of our methods to manage COVID-19,” he noticed.

 

Moreover, the minister mentioned that the funding curiosity of worldwide corporations ought to be welcomed. Not solely Samsung and Hyundai, corporations from China and the United Arab Emirates have additionally expressed their dedication to spend money on Indonesia, he famous.

 

He mentioned he had requested South Korea’s Samsung to spend money on high-tech industries in Indonesia.

Associated information: Indonesia, UAE chambers intensify financial, funding partnership

“I inspired Samsung to spend money on high-tech industries. And they’re contemplating it. I requested in regards to the attainable incentives they want as a result of we’ve got all of them. We have now downstream industries for nickel, bauxite, iron sand, tin, palm oil and others,” the minister added. 

Associated information: Colleges want to fulfill necessities for face-to-face studying: Amin

Associated information: BPJPH targets halal certification of 15,000 MSEs this 12 months

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