The government plans to carry out various infrastructure projects on Sumatra Island next year by allocating Rp 20.32 trillion (US$1.50 billion) in the 2018 state budget bill that need approval by the House of Representatives. Public Works and Housing Minister … Continue reading →
Transportation Minister Budi Karya Sumadi has invited both local and foreign investors to become the operators of 20 ports and 10 airports. According to him, the government will support investment in the maritime and logistics sectors. “Including by deregulation. Scrapping … Continue reading →
President Joko Widodo has signed the Presidential Regulation on the 16th economic policy package, which covers the acceleration of business licensing. The Presidential Regulation registered as PP No. 91/2017, was signed today, Coordinating Minister for the Economy Darmin Nasution said … Continue reading →
Investment Coordinating Board (BKPM) chief Thomas Lembong has called for foreign direct investment in new tourist destinations that are currently being developed by the government. He said that investment in the sector would be profitable. Thomas said that investors who … Continue reading →
The Investment Coordinating Board, or BPKM, is set to highlight Indonesian tourism at the 2017 Regional Investment Forum, or RIF, in Padang, West Sumatra, on Oct. 15-17. Themed “Showcasing Investment Opportunities in the Indonesian Tourism Industry,” the forum will feature … Continue reading →