KADIN Pledges to Collaborate with Government After Rp 2,000 Trillion in Failed Investment Realisations
Jakarta - Deputy Minister of Investment and Downstreaming/Deputy Head of BKPM Todotua Pasaribu previously revealed that investments worth Rp 2,000 trillion failed to materialise in 2024. This was addressed by Deputy Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) for Compliance and Business Ethics, Haryara Tambunan.
Haryara stated that systemic and bureaucratic reform in Indonesia still requires improvement, particularly with regard to acceleration, efficiency, legal certainty and transparency, in order to maintain the country's investment climate in the eyes of the world.
To support the government's investment target of Rp 13,000 trillion over five years, Haryara said KADIN and the government are prepared to collaborate on overhauling the existing investment climate framework.
"With this situation, my colleagues at KADIN and I will gather the wishes of investors and then formulate solutions so that investment acceleration can be achieved, which we will then report to the government," he said in a written statement on Saturday (5 July 2025).
Haryara added that in managing Indonesia's significant economic potential, regulations must be promptly established that are straightforward and efficient. This is essential for creating a better economy and generating new employment opportunities to reduce unemployment.
"We know that unemployment figures are rising, and therefore we at KADIN will attempt to create a straightforward and efficient formula to propose to the government, aimed at reaching labour-intensive industries that can absorb a larger new workforce," he said.
Haryara stated that systemic and bureaucratic reform in Indonesia still requires improvement, particularly with regard to acceleration, efficiency, legal certainty and transparency, in order to maintain the country's investment climate in the eyes of the world.
To support the government's investment target of Rp 13,000 trillion over five years, Haryara said KADIN and the government are prepared to collaborate on overhauling the existing investment climate framework.
"With this situation, my colleagues at KADIN and I will gather the wishes of investors and then formulate solutions so that investment acceleration can be achieved, which we will then report to the government," he said in a written statement on Saturday (5 July 2025).
Haryara added that in managing Indonesia's significant economic potential, regulations must be promptly established that are straightforward and efficient. This is essential for creating a better economy and generating new employment opportunities to reduce unemployment.
"We know that unemployment figures are rising, and therefore we at KADIN will attempt to create a straightforward and efficient formula to propose to the government, aimed at reaching labour-intensive industries that can absorb a larger new workforce," he said.