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A 20 Billion Dollar Ambition in a Traumatic Market

Monday, February 1, 2021

Yopie Hidayat, Contributor

arsip tempo : 178075144099.

. tempo : 178075144099.

THE government is hanging their hopes high on the Indonesian Investment Authority (LPI). This new agency will be Indonesia’s trump card to attract investment from abroad. President Joko Widodo has set a truly ambitious target for it: US$20 billion in two months.

To convince investors around the globe that this authority is a serious business, the government has put in a seed money amounting US$5 billion. The LPI will ma

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