Jakarta (VNA) –Indonesia hopes to attract 1,200 trillion rupiah (84 billion USD) in investmentthis year, the country’s Investment Minister Bahlil Lahadalia has said.
Experiences in 2020 and 2021, new regulations enacted by the Law on JobCreation, global demand for Indonesia’s natural resources, and President JokoWidodo’s continued support to downstream industry developments are factors thatbolster efforts to realise the investment target in 2022, he told an onlinenews conference on January 27.
The ministry has conceivedseveral strategies for boosting investment in Indonesia including maximisingincentive facilities and the potential of approved investments permits. Some corporationshave received incentives with the total amount surpassing 2,000 trillion rupiah.
The official said that thegovernment's second strategy is to boost the development of investmentrealisation in several projects launched last year.
The minister said a team willbe set up that will work in several countries, such as the United ArabEmirates, China, the Republic of Korea, Japan, the US, and European countries./.