President Prabowo’s ambition to gradually drive Indonesia’s economic growth to 8% per year requires a strong commitment to attracting foreign direct investment (FDI) and collaboration. Anindya Novyan Bakrie, Chairman of the Indonesian Chamber of Commerce and Industry (KADIN) for 2024–2029, emphasized this on Bisnis.com.
“To achieve this target, we need serious and forward-thinking foreign direct investment (FDI), especially in sectors that address the world’s greatest current and future challenges,” Anindya stated at KADIN Indonesia’s Diplomatic–Economic Reception Dinner at Hotel Indonesia Kempinski in Jakarta on Friday evening (January 11, 2024).
Anindya pointed out that President Prabowo Subianto’s agenda at the APEC Summit in Peru and the G20 Summit in Brazil presents a major opportunity to attract investment and strengthen Indonesia’s position on the global stage, as reported by Antara News.
According to Anindya, the President’s diplomatic visits are aimed at fostering collaboration with new trade partners to boost Indonesia’s export performance.
Anindya also mentioned he would be accompanying President Prabowo on visits to several countries, including China and the United States.
“Next week, President Prabowo will begin visits to various countries—starting with China, then the United States, followed by Peru for APEC, Brazil for G20, and possibly concluding in the United Kingdom,” he added.
Representing ASEAN at G20 Anindya noted Indonesia’s strategic role at the G20 Summit in Brazil, where it will represent not only itself but also ASEAN.
“At APEC in Lima, Peru, they see Indonesia as ASEAN’s leader,” he stated.
Indonesia’s Investment Target for 2025
Rosan Roeslani, Minister of Investment and Downstream Industry and Head of the Indonesian Investment Coordinating Board (BKPM), announced that Indonesia’s investment target for 2025 is $120 billion, approximately IDR 1,900 trillion.
“The investment target for next year is around $120 billion, encompassing both foreign and local investments,” Rosan stated during a gala dinner with ambassadors, organized by KADIN Indonesia in Jakarta on Friday evening (January 11, 2024), as reported by Antara.
Rosan explained that this target includes both foreign direct investment and domestic investments and is expected to drive national economic growth.
KADIN: Boosting Investment in Energy Transition
During the gala dinner with foreign ambassadors, Rosan highlighted the importance of increasing investments in the energy sector, particularly in renewable, export-oriented energy.
He mentioned that Indonesia’s renewable energy potential amounts to approximately 3,700 gigawatts, derived from various sources like solar panels, solar power, hydropower, biomass, and geothermal energy.
“We are aiming for greater investment, especially in export-oriented renewable energy. Indonesia’s renewable energy potential is around 3,700 gigawatts, from sources including solar, hydro, biomass, and geothermal,” he noted.
Rosan emphasized that Indonesia has the largest geothermal potential in the world, particularly in Java, and is seeking foreign direct investment and collaboration in this sector.
This increase in renewable energy investment is vital for Indonesia to achieve its commitment to net-zero carbon emissions by 2060.
The Importance of Strong Collaboration for Effective Investment
Rosan also highlighted that while Indonesia has vast potential, investment implementation requires strong collaboration across sectors.
“We have great potential, but to realize it, we can’t do it alone; we must work together,” Rosan stated.
With solid foreign direct investment and collaboration, Rosan is optimistic that Indonesia can harness its energy potential for sustainable economic and environmental progress.
source: antaranews.com, ekonomi.bisnis.com, suarasurabaya.net
image source: SaoPauloJournal
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