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Investment anchors Indonesia’s economic recovery

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President Joko Widodo opened the 2021 National Coordination Meeting and Investment Service Award in Jakarta on Wednesday 24/11.

Journalist: Handoyo | Editor: Handoyo.

KONTAN.CO.ID –JAKARTA. The global uncertainty that has occurred so far has had a major impact on the country’s economy. Therefore, the President of the Republic of Indonesia Joko Widodo (Jokowi) stressed the importance of making the investment, because the investment is the anchor of the economic recovery.

This was what the President said when he gave instructions and opened the 2021 National Coordination Meeting and Investment Service Award, in the ballroom of the Ritz-Carlton hotel in the South Jakarta, Wednesday 11/24/2021.

Investment is the anchor of the economic recovery because if we focus too much on the state budget, our deficit is, even though I know that the Minister of Finance is very careful, very carefully in the management of our state budget. Therefore, what is outside the state budget must be moved, again, into investment, the president said.

On this occasion, the Head of State asked all his collaborators to be able to provide the best service to all investors without exception.

Read also: Jokowi wants high added value investments

Just being served doesn’t mean investors will come and want to invest, much less that they won’t be served well. Therefore, the old patterns, the things that are old school, we all have to start leaving. “Providing the best service, whether they are small investors, whose names are small businesses and investors, make no mistake about it,” said the head of state.

The president said the licensing facility is a form of public service to investors. The president said the presence of investors will have a huge impact on Indonesia’s economic growth.

“If investors come from outside, it means bringing money here, which means that the flow of money will be more important and this will have an effect later on the purchasing power of people will also increase, public consumption will increase, economic growth will also increase, “said President.

In addition, the president appreciated the provincial and regional governments who received awards for investments, both in making investments and in licensing.

Read also: Investment restores economy, Jokowi sets investment targets for regents and mayors

I am glad that there have been ministries / agencies, provinces, districts / cities, which have received rewards for investment, both in making investment and in licensing. “The licensing service is good, like in Central Java, but the investment realization is good in West Java,” he said.

The President also recalled that the investment currently required by Indonesia is the investment in finished products or semi-finished products. This is done so that Indonesia obtains added value which has an impact on the economic growth, incomes and purchasing power of the people.

Our economy, which was previously based on raw materials from our natural resources, will pass one by one, indeed there must be a transition, one by one, we will stop, go to semi-finished, to products finished. Become an industry that encourages added value, said the president.

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