Investment as the key driver for Indonesia 2015 economic growth
Japan will invest more in Indonesia to remain the biggest investor in 2015, Japanese Ambassador Yasuaki Tanizaki stated In Jakarta on Thursday (20/11/2014). “Many countries are interested to invest in Indonesia, and we agreed that Indonesia could provide more investment opportunities. So, I think Japanese investment in Indonesia will increase, while now, Japan is already the number one investor in Indonesia,” he informed newsmen after paying a courtesy visit to Vice President M. Jusuf Kalla at the latters office.
He revealed that during the meeting, they had discussed economic cooperation between the two countries that would be prioritized by the new Indonesian government. They also spoke at length about Japans participation in infrastructure development projects in Indonesia. Projects related to developing power plants, toll roads, seaports, and waterways were discussed during the meeting. They also discussed financial cooperation and measures to overcome the economic crisis.
The Japanese ambassador remarked that during the recent APEC Summit in Beijing, China, several high-ranking officials from Japan and Indonesia had held meetings to discuss the realization of cooperation in the maritime sector. “Next meeting between the two countries is planned to be held immediately this year or next year at the latest,” he reported.
He stated that during the 45-minute-long meeting with the vice president, they had also discussed the issue of natural disaster management in view of the several natural disasters that the countries have often experienced. Indonesia extended assistance following a huge quake in Japan three years ago.
Vice President Jusuf Kalla is scheduled to receive Japanese Ambassador Yasuaki Tanizaki, Finish Ambassador Palvi Hiltuinen-Tolvio, and Palestinian Ambassador Fariz Mehdawi on Thursday (20/11/2014). A month after his inauguration as vice president, Jusuf Kalla has received dozens of ambassadors from friendly countries who came to pay courtesy visits and to congratulate him on his inauguration and to increase cooperation with Indonesia.
The Indonesian government looks to investment as the key driver for economic growth for Indonesia next year amid a more unfavorable global market, the finance minister says. “We cannot expect too much boost from external factors. The United States is normalizing their investment, while at the same time, [nations that are a] regional trading partner is [experiencing a] slowdown. So, the conditions are not favorable to boost export contribution to our growth,” said Bambang Brodjonegoro during Globe Asia’s Indonesia Economic Forum in Jakarta on Tuesday (25/11/2014).
He also said that although the contribution of domestic consumption to Indonesia’s growth will remain strong next year, the minister is skeptical that that will bring Indonesia’s economy to higher growth. “The only source of growth will be investment, and this can be both government investment and private investment,” Bambang said.
Source : Antara News & The Jakarta Globe