Japanese Investor Confidence in Indonesia Remains High, 10 MoUs Worth Rp401 Trillion ...

Jakarta - Investment Minister and Head of the Investment Coordinating Board (BKPM), Rosan Roeslani, has emphasised that international investor confidence, particularly from Japan, in Indonesia remains substantial despite the ongoing global dynamics of geopolitics and geo-economics.

This statement was made following Rosan accompanying President Prabowo Subianto to the Indonesia-Japan Business Forum in Tokyo, Japan, on Monday.

At the forum, the signing of 10 memoranda of understanding (MoUs) and cooperation agreements between businesses from both countries was announced, with a total value of $23.63 billion or approximately Rp401.71 trillion.

“We also see that, despite the geopolitics and geo-economics currently affecting the world, international confidence, especially from Japan, remains strong, and they are committed to carrying out investments in Indonesia moving forward,” said Rosan.

Rosan, who also serves as CEO of Danantara Indonesia, stressed that the signing of these 10 MoUs demonstrates the confidence of the Japanese government and businesses from the Land of the Rising Sun. The majority of the projects are related to the energy and mineral resources sectors, primarily involving PT Pertamina (Persero), with a value of around $20.9 billion or Rp355 trillion.

Additionally, an MoU on the Mandiri Aviation Leasing Fund was signed between Danantara and Mandiri Investment Management as well as SMBC Aviation Capital, valued at $800 million or approximately Rp13 trillion.

Rosan also mentioned the MoU regarding the Indonesia-Japan Strategic Beauty Partnership between PT Nose Herbal Indo and 2Way World.

“So, looking at the total of all this, it proves that Japan is always among the top five, always in the top five countries investing in Indonesia, and we hope this investment continues to grow and proceed. Indeed, their appetite for new and renewable energy is very, very large,” stated Rosan Roeslani.