Indonesia Assures Capability in Attracting ASEAN- wide Investors

Liputan6.com, Jakarta The Head of capital Investment Coordinating Agency (BKPM), Franky Sibarani is convinced that Indonesia has what it takes to flourish in its growth in the sector of investment. 

He is very optimistic particularly about the escalating growth of foreign capital investment into Indonesia. 

Indonesian government is currently improving its investors capability to better compete in the international arena.

World Investment Report 2015 informed how Foreign Direct investment (FDI) into Indonesia has grown significantly by 20% which amounted to US$ 23 billion in 2014.

This is the kind of growth that is desirable and evidently more rapid than that of Singapore which is reported to have been growing only by 4% and Vietnam by 3%.

"World Investment Report 2015 is generating an optimistic idea showing that Indonesia is capable and has the potentiality to become investment destination for ASEAN countries, better yet for Asia. Furthermore, the Indonesian government is currently fixing and improving its system particularly in the area of investment so that the nation could better compete in the international arena," Franky optimistically shared, Monday (6/7/2015).

He further informed how BKPM is currently coordinating with relevant Ministries and institutions to fix 7 out 10 indicators that are viewed to be the challenges for Indonesian business to compete well. 

Those include, permit to start up the business, permits for the building, property registration, electricity connector, taxation and contracts. (Akp/Ein)