Rogue Kadin Official Demands Rp5 Trillion Cut; BKPM Ensures Chandra Asri's Rp15 Trillion Investment Proceeds Smoothly
JAKARTA — The Ministry of Investment and Downstream Industries/Investment Coordinating Board (BKPM) has assured the smooth progress of PT Chandra Asri Alkali's (CAA) investment in Cilegon, Banten, as one of the key pillars in the national industrial downstream effort.
"The state must provide guarantees, both domestically and internationally, for investments in our country, so that the investment climate remains conducive and sustainable," said Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM Todotua Pasaribu in a statement in Jakarta on Thursday (15 May 2025).
The government continues to take proactive steps to maintain a conducive and attractive investment climate for investors. This was demonstrated by the ministry's facilitation of a meeting between Banten Governor Andra Soni, Banten Regional Police Chief Inspector General Suyudi Ario Seto, representatives of the central and regional Chambers of Commerce and Industry (Kadin), and representatives of PT Chandra Asri Alkali at the Ministry of Investment and Downstream Industries office.
The meeting concerned PT CAA's Rp15 trillion project, which had previously been approached by a rogue individual demanding a share of the project without going through a tender process.
Todotua stated that the incident at the Chandra Asri project must be taken seriously by all parties and properly anticipated.
"The state must provide guarantees, both domestically and internationally, for investments in our country, so that the investment climate remains conducive and sustainable," said Deputy Minister of Investment and Downstream Industries/Deputy Head of BKPM Todotua Pasaribu in a statement in Jakarta on Thursday (15 May 2025).
The government continues to take proactive steps to maintain a conducive and attractive investment climate for investors. This was demonstrated by the ministry's facilitation of a meeting between Banten Governor Andra Soni, Banten Regional Police Chief Inspector General Suyudi Ario Seto, representatives of the central and regional Chambers of Commerce and Industry (Kadin), and representatives of PT Chandra Asri Alkali at the Ministry of Investment and Downstream Industries office.
The meeting concerned PT CAA's Rp15 trillion project, which had previously been approached by a rogue individual demanding a share of the project without going through a tender process.
Todotua stated that the incident at the Chandra Asri project must be taken seriously by all parties and properly anticipated.