The Bitung special economic zone (KEK) in North Sulawesi Province will begin operations in May this year. The Bitung KEK administrator was ready to hand over the zone to a regional government-owned company (BUMD) for starting the operations, Jenny Karouw, … Continue reading →
President Joko Widodo (Jokowi) said Indonesia needs to do more, and provide greater facilities to attract foreign investors to the country. The president cited investment which he described as insignificant in amount by Saudi Arabia in Indonesia compared with in … Continue reading →
The Energy and Mineral Resources Ministry has set itself the target of revising 11 contracts of work (KK) this year. “As many as 11 companies have not agreed to the revision of KK, and 32 companies have not agreed to … Continue reading →
The Minister of Energy and Mineral Resources, Ignasius Jonan, has been promoting every effort to improve oil and gas investment climate in Indonesia. The minister said that the oil and gas investment climate is influenced by world oil prices, according … Continue reading →
Vice President of the Republic of Indonesia Jusuf Kalla has ensured that Indonesia’s political situation is stable and there is no major turmoil that would hamper investment. VP Jusuf Kalla conveyed the message in his opening speech at The 3rd … Continue reading →