Senin 03 Dec 2012 23:40 WIB

Japanese investors highlight the need of security guarantee

Rep: Satya Festiani/Muhammad Iqbal / Red: Yeyen Rostiyani
Former Prime Minister of Japan, Yasuo Fukuda, said on Monday security and stable political condition were the main factors for their investment. (illustration)
Foto: Reuters/Babu
Former Prime Minister of Japan, Yasuo Fukuda, said on Monday security and stable political condition were the main factors for their investment. (illustration)

REPUBLIKA.CO.ID, JAKARTA - Japanese investors pay attention to worker issue in Indonesia. The former Prime Minister of Japan, Yasuo Fukuda, said on Monday security and stable political condition were the main factors for their investment.

Fukuda comes to Indonesia to deliver keynote speech in Japan-Indonesia Innovation Convention in Bandung. He is also scheduled to meet with President Susilo Bambang Yudhoyono. Earlier, he met Coordinating Minister of Economy Hatta Rajasa on the sidelines of Indonesia-Japan Joint Economic Forum in Tokyo, October 9.

Hatta said that Japan and Indonesia agreed on five flagship projects from 18 fast track project in Master Plan Metropolitan Priority Area (MPA). The total investment in all flagship projects is around 3,4 trillion yen or 410 trillion IDR.

The project will be financed through private and combination between public private partnership (PPP), state budget, and loan scheme. Meanwhile, the five projects are Mass Rapid Transit (MRT) in Jakarta, international port in Cilamaya, expansion of Soekarno-Hatta Airport, construction of New Academic Research Clusters and building of sewerage system in Jakarta.  

Besides those projects, Japan and Indonesia also discuss on the cooperation in engineering sector for Master Plan for the Acceleration and Expansion of Indonesian Economic Development (MP3EI). 

 

 

 

 

 

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