REPUBLIKA, JAKARTA -- Investment Coordinating Board (BKPM) is optimistic that next year investment will reach 470 trillion IDR. This value is slightly higher than 2013 investment of 390 trillion IDR.
"I believe it can be more than 450 trillion to 470 trillion IDR next year," Head of BKPM, Mahendra Siregar said on Monday.
The figure comes from foreign investment that has noted its investment on BKPM's work sheet. Mahendra expects that next year investment can be realized as there are some investors waiting to list its investment.
To achieve medium term development plan worth 506 trillion IDR, BKPM needs more confidence. Investors still saw Indonesia as the best investment destination, although the country is hit by economic difficulties, such as current account deficit and weakening of IDR.
Indonesia needs to underline some homework's that must be addressed in order to attract more foreign investments, such as infrastructure development and legal certainty. Government must immediately fix it.
Mahendra asks for more domestic market investors to increase its investment in Indonesia. He hopes that ratio between domestic and foreign investors can be 40 percent and 60 percent.
Ikuti Whatsapp Channel Republika