Indonesian Political, Business & Finance News

Investors Wait for Regulation about Industrial Estates

| Source: TEMPO
TEMPO Interactive, Jakarta: Chairman of Indonesian Industrial Estates Association, Hendra Lesmana, has said that investors are holding on to their investment funds until the draft government regulation regarding industrial estates is completed.

He said he considered this regulation could increase the industry’s growth by up to 10 percent within two years after it has been launched.

“It is legal certainty for investors,” said Hendra in Jakarta, yesterday (30/12).

He mentioned that 20 companies from Japan, two from India, and 10 from Korea were ready to invest in Indonesia.

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Tags: business
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