Eastern Indonesia in need for investment

Reading Time: 1 minute
Eastern Indonesia in need for investment
Eastern Indonesia (pictured: river in Sulawesi) is in dire need for adequate infrastructure to boost its economy

While central Indonesia is currently benefiting from an influx of domestic and foreign direct investment, Eastern Indonesia is in urgent need for the same, said Agus Eko Nugroho, an economist from the Indonesian Institute for Sciences (LIPI).

Quoted by Indonesian magazine Tempo Interactive, Nugroho said that the availability of infrastructure facilities such as export ports was urgent. Investments in eastern Indonesia, mainly based on natural resources, such as mining, smelting, and farms, have a huge market in Java, he added.

Nugroho is supporting the Indonesian government’s plan to provide tax holiday as incentives for investors in eastern Indonesia. He also said that the government must ensure land provision in the region, including a clear business rule, licensing efficiency, and infrastructure readiness such as electricity.

The country’s Coordinating Minister for Economic Affairs, Hatta Rajasa, has agreed to provide tax facilities for investors in Sulawesi, Papua and East Nusa Tenggara,

This year, the value of investment outside the mining sector in the region has reached 380 trillion rupiah ($39.3 billion). Next year, the target is set at 439 trillion rupiah ($45.4 billion). To encourage investment in Central Sulawesi, Rajasa added that the ministry has agreed to increase the status Palu Industrial Estate into a Special Economic Zone.

 

Share your vote!


Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid

[caption id="attachment_6118" align="alignleft" width="300"] Eastern Indonesia (pictured: river in Sulawesi) is in dire need for adequate infrastructure to boost its economy[/caption] While central Indonesia is currently benefiting from an influx of domestic and foreign direct investment, Eastern Indonesia is in urgent need for the same, said Agus Eko Nugroho, an economist from the Indonesian Institute for Sciences (LIPI). Quoted by Indonesian magazine Tempo Interactive, Nugroho said that the availability of infrastructure facilities such as export ports was urgent. Investments in eastern Indonesia, mainly based on natural resources, such as mining, smelting, and farms, have a huge market in Java, he...

Reading Time: 1 minute

Eastern Indonesia in need for investment
Eastern Indonesia (pictured: river in Sulawesi) is in dire need for adequate infrastructure to boost its economy

While central Indonesia is currently benefiting from an influx of domestic and foreign direct investment, Eastern Indonesia is in urgent need for the same, said Agus Eko Nugroho, an economist from the Indonesian Institute for Sciences (LIPI).

Quoted by Indonesian magazine Tempo Interactive, Nugroho said that the availability of infrastructure facilities such as export ports was urgent. Investments in eastern Indonesia, mainly based on natural resources, such as mining, smelting, and farms, have a huge market in Java, he added.

Nugroho is supporting the Indonesian government’s plan to provide tax holiday as incentives for investors in eastern Indonesia. He also said that the government must ensure land provision in the region, including a clear business rule, licensing efficiency, and infrastructure readiness such as electricity.

The country’s Coordinating Minister for Economic Affairs, Hatta Rajasa, has agreed to provide tax facilities for investors in Sulawesi, Papua and East Nusa Tenggara,

This year, the value of investment outside the mining sector in the region has reached 380 trillion rupiah ($39.3 billion). Next year, the target is set at 439 trillion rupiah ($45.4 billion). To encourage investment in Central Sulawesi, Rajasa added that the ministry has agreed to increase the status Palu Industrial Estate into a Special Economic Zone.

 

Share your vote!


Do you like this post?
  • Fascinated
  • Happy
  • Sad
  • Angry
  • Bored
  • Afraid

3 COMMENTS

  1. Dear Sriram,

    Please allow me to offer you investement opportunity for your investor. If your investor interested in property, please feel free to contact us. We have property in Bali, Lombok and Flores available for sale.

    Regards,

    Dami

  2. Dear Sriram,

    in Jakarta please contact the office of the Indonesia Investment Coordination Board

    INDONESIA INVESTMENT COORDINATING BOARD (BKPM)
    Jl. Jend. Gatot Subroto No. 44, Jakarta 12190
    P.O. Box 3186, Indonesia
    P : +62 21 5252 008
    F : +62 21 5264 211
    http://www2.bkpm.go.id
    Office Hour (GMT+7) :
    Monday to Friday : 07.30 am to 04.30 pm
    Saturday, Sunday, and Public Holiday : Closed

    or the regional offices

    Regional Investment Coordinating Board of Central Sulawesi Province
    Derry B. Djanggola
    Jl. Pramuka No. 23 Palu, 94111
    P : (62-0451) 421807, 424325
    F : (62- 0451) 424325, 4218071
    E : bppmdsulteng@centralcelebes-investment.com
    W : http://www.centralcelebes-investment.com

    Regional Investment Coordinating Board of East Nusa Tenggara
    Ir. Thobias Uly, M.Si.
    Jl. Basuki Rahmat No. 1, Kupang 85117
    P : (62-0380) 8030664, 833080, 833213
    F : (062-0380) 833213
    E : badan.bkpmd@nttprov.go.id
    W : http://www.nttprov.go.id/bkpmd

    Regional Investment Coordinating Board of Papua Province
    Drs. Purnama, MPIA
    Jl. DR. Sam Ratulangi No. 32, Jayapura 99112
    P : (62-0967) 533600, 531332
    F : (62-0967) 536943
    E : invest@papua.go.id
    W : http://www.papua.go.id

  3. would like to know the requirement of investment

    Our investor is visiting Jakarta during next week pl get back to me immdtly

Leave a Reply