Franciscus M.A. Sibarani, BKPM Chairman
China's enthusiasm to invest in Indonesia is quite new
Tuesday, September 22, 2015
China is not at the top of the list when it comes to direct foreign investment in Indonesia. This year, China ranks 12th, with investments valued at US$160 million. But trends show that Chinese investment in Indonesia is expected to climb, mostly in infrastructure.
President Joko Widodo's new administration began functioning late last year and their focus has been on infrastructure development. This has been vigorously promoted overseas, with China targetted as an investment source. The President has visited China twice so far. The Capital Investment Coordinating Board (BKPM) chairman, Franky Sibarani, recently met with Tempo journalists Purwani Diyah Prabandari and Ursula Florene Sonia, during which he explains the status of Chinese investment in Indonesia, and its outlook. Excerpts:
China is not at the top of the list when it comes to direct foreign investment in Indonesia. This year, China ranks 12th, with investments valued at US$160 million. But trends show that Chinese investment in Indonesia is expected to climb, mostly in infrastructure.
President Joko Widodo's new administration began functioning late last year and their focus has been on infrastructure development. This has been vigorously promoted overseas, with Chi
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