Chairman of the Indonesian Chamber of Commerce and Industry (KADIN), Arsjad Rasjid suggests there are five ways to accelerate sustainable and inclusive investment in Indonesia.
- Promote investment in Indonesia’s leading projects and sectors, especially in downstream sectors and NRE. This should be maximised in the build-up to the forthcoming G20 and B20 meetings.
- Socialise the Job Creation Act to convince Indonesian investors to be investment-friendly. Regulations under the Job Creation Law are considered to increase transparency, efficiency, speed and certainty in doing business. The regulations under the Job Creation Law are also supported by the ease of investment licensing through the Online Single Submission (OSS).
- Public and private partnerships promoting green investment and providing strategic policies, also encourages and facilitates knowledge sharing.
- Government stimulus packages that encourages green energy incentives.
- Provide end-to-end services to investors until investment is carried out and assisting with assistance to the production stage.
Arsjad is optimistic and believes that these efforts will not only encourage Indonesia’s economic growth but also achieve sustainable and inclusive development through down streaming and energy transition.
Source: Indonesian Chamber of Commerce and Industry (KADIN)