The Investment Coordinating Board (BKPM) announced on Monday that investments had reached Rp 513.2 trillion (US$37.79 billion) by the end of the third quarter, or 75.6 percent of its target for 2017. The board is confident that it would achieve … Continue reading →
President Joko Widodo received on Friday at the State Palace former Japanese prime minister (PM) Yasuo Fukuda, now chairman of the Japan Indonesia Association for Economy Cooperation, to discuss four infrastructure projects that involve the Japanese government. The four projects are the … Continue reading →
Transportation Minister Budi Karya Sumadi expects Chinese investors to develop the Tegalluar-Kertajati Airport high-speed train project, in addition to the Jakarta-Bandung high-speed train project. “It should be [China]. [The investment value] to develop transportation infrastructures in Indonesia is Rp1,500 trillion. We have … Continue reading →
Industry Minister Airlangga Hartarto has expressed hope that Japan-based Mitsubishi Corporation invests further in Indonesia and seeks more partnerships with local industries, saying the giant company has the potential to boost competitiveness and productivity among the country’s manufacturers. During a … Continue reading →
Industry Minister Airlangga Hartarto encourages Japan’s medium-scale industries to invest in Indonesia. The minister said that there are three manufacturing sectors with potentials for co-development; automotive, electronics, and food and beverages (F&B). “They have to look at moving economies, one of them … Continue reading →