Luhut: Indonesia is now a favorite, many investors are investing Page all

JAKARTAKOMPAS.com – Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan said that Indonesia is now being hunted by the investor.

This is evidenced by the increasing value of investment entering Indonesia.

Even though the country is still facing the Covid-19 pandemic.

“We are now darling people want to invest, come here. You just look at the numbers, investment in 2020, 2021, Covid-19 will increase,” said Luhut when met in Jakarta JakartaThursday (17/3/2022).

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Green investment in Kaltara

Another proof is the entry of an investment value of 132 billion US dollars in the Green Industrial Estate development project in North Kalimantan (Kaltara).

“Kaltara alone is 132 billion US dollars, that’s just one, iron steel That was 100 billion US dollars. That’s a big number,” he said.

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Rupiah is the most stable, others are in turmoil

In addition, said Luhut, the value of the rupiah currency is also stable compared to other countries.

“We see today the currency people are fluctuating, the rupiah is the most stable. You can’t be fooled,” he said.

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Indonesia has debt, but…

Although Indonesia has debt, it is not as big as other countries. Therefore, it is not surprising that Indonesia has become a target for investors.

“If people say debt here and there, all countries in the world have big debts. We are small, around 40 percent of GDP,” said Luhut.

Also read: Softbank Resigns, Luhut Says Abu Dhabi-China Are Ready to Invest US$20 Billion in IKN Nusantara

Investment realization in Indonesia 2021

For information, Indonesia’s investment realization in 2021 exceeds the target set by President Joko Widodo (Jokowi), amounting to Rp 901.2 trillion. The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia revealed, to achieve the investment target, the Ministry of Investment used an unusual strategy.

“The realization (investment) from January to December 2021, we reached Rp 901.2 trillion. This means that it exceeded the target of the President’s order to us, amounting to Rp 900 trillion,” he said in a virtual press conference, Thursday (27/1/2022).

Bahlil said that the realization of investment in 2021 also exceeded the target of the Medium-Term Development Plan (RPJMN) by 104 percent. Meanwhile, the achievement target from the President is 100.1 percent. Along with these achievements, the total workforce absorbed is more than 1.2 million.

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