Indonesian Political, Business & Finance News

BKPM Views Letter from Chinese Chamber of Commerce as Positive Input

| Source: ANTARA_ID Translated from Indonesian | Investment
BKPM Views Letter from Chinese Chamber of Commerce as Positive Input
Image: ANTARA_ID

Jakarta (ANTARA) - The Ministry of Investment and Downstreaming/Investment Coordinating Board (BKPM) views the letter sent by the China Chamber of Commerce in Indonesia (Kadin China in Indonesia) to the government as positive input.

“We consider it a positive matter that provides input to the government,” said Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu in Jakarta on Wednesday.

According to Todotua, the letter contains concerns from Chinese investors regarding several challenges observed in Indonesia.

“It’s quite normal. They even note conditions that pose challenges in this country and provide input to the government,” Todotua added.

He stated that Indonesia possesses various advantages, from abundant natural resources and a large domestic market to a strategic geographical position.

“This country has various potentials in natural resources, then a demand market that is one of the largest with a large population, and also a strategic region. We hope that Indonesia becomes a destination for investment growth,” he said.

Todotua added that the government is currently seriously promoting the downstreaming programme, which is part of President Prabowo Subianto’s Astacita government agenda.

“The hope is that various commodities in our country, whether coal, oil and gas, agriculture, or industry, can be processed here, so that the benefits can be realised and also create jobs, as well as increase economic growth,” he stated.

Regarding communication with Chinese investors, Todotua assured that the government will continue to open channels for dialogue.

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