Thu, 25 Mar 2010

Jakarta (ANTARA News) - Vice President Boediono outlined Indonesia`s policy priorities and vision to the world in his opening remarks in the 2010 Indonesia Summit, here, Thursday.

The Vice President stated that he was not satisfied with Indonesian performance in the world despite the fact that Indonesia managed to face in the recent global financial crisis.

"Indonesia remains less well known than it deserves, I hope we could change this condition," he said.

Indonesia must be attracting greater interest in the world in order to attract more investors and enhance its economic growth.

Foreign investor involvement is badly needed to build Indonesia further to prosperity, he said.

He said that foreign investors would be able to raise people`s income and creating jobs, which is to be set as a priority in helping young unemployed people as a national growth indicator.

In order to attract more investors, Indonesia must retain old friends and make make new ones, as one of Indonesia`s commitment to opening world opportunities.

Indonesia as an investment target market has also four factors that underline economy strength namely a big young population with low dependence level, healthy fiscal issues, stable political condition, and elected government of the people, Boediono said.

In referring to demographic dividend as a rise in economic growth due to an increase in the number of working-age people, it can be achieved by bringing benefits to the people such as creating jobs.

To accelerate economic growth by 6-7 percent a year Indonesia must upgrade its infrastructure including roads, railway tracks, power plants, information technology and investment also involving some private investors that will play an important great role, he said.

To support foreign investors, Boediono had also worked hard in trying to overcome investment hurdles by creating a reformed bureaucracy.