Perth, Australia (ANTARA News) - Visiting Vice President Boediono said the Indonesian government is improving transparency of investment regulations at central and regional levels as part of efforts to attract more investment.<\/p>\n
\"Our long-term attention is particularly for foreign investors. We are improving the transparency and certainty of regulations at central and regional levels,\" he told tens of Australian businessmen at a discussion on Indonesia-Australia cooperation opportunities here on Thursday.<\/p>\n
Also present at the event organized by the Government of Western Australia in cooperation with the Australia-Indonesia Business Community were Indonesian Education Minister M Nuh, Administrative Reforms Minister EE Mangindaan and Australian Minister of Agriculture and Forestry Garry Redmen.<\/p>\n
Boediono said among the step already taken by the government was revising negative list of investment by increasing transparency and more importantly, improving competitive edge and services.<\/p>\n
\"In a number of cases, we have the right to close a number of sectors or open some of them and we hope investors could understand this,\" he said.<\/p>\n
The vice president admitted the amount of investment in the infrastructure sector plunged in the wake of the 1998 financial crisis and was now growing at a slow pace.<\/p>\n
He put the blame on the slow pace of land clearance for the low investment in the infrastructure sector.(*)<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/govt-improving-transparency-of-investment-regulations-1299816731", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }