REPUBLIKA.CO.ID, JAKARTA - Indonesian government through Indonesia Investment Coordinating Board (BKPM), and Islamic Development Bank (IDB) signed memorandum of understanding to draw more foreign investors to Indonesia. IDB also opens representative office in Indonesia. Indonesia is considered having big potency to attract investors, mainly from Islamic countries.

The Chief Executive officer of Islamic Corporation for the Development of the Private Sector at IDB, Khaled Al Aboodi, said the cooperation was expected to increase investors' interest to invest in Indonesia. "With this cooperation, IDB will be more connected to Indonesia," Al Aboodi said on Monday.

With such potential, IDB will bring the investors to invest in different sector in Indonesia. IDB will evaluate the best sector to be invested. Besides infrastructure, IDB is interested in banking sector in Indonesia. But, instead of building a new bank, IDB will buy the share, as they did to Muamalat Bank.

IDB has all year program with total investment in 3.3 billion USD, yet IDB has not targeted the investment value. IDB will set the investment value right after its representative office is built in Indonesia.

Earlier, President of IDB Ahmed Mohammed Ali Al Madani appreciated Indonesian economic growth. He believed that the future Indonesian economy would be brighter. IDB also supports the development of microfinance in Indonesia. "We have education program related to the sector," Ali said last week.

Chairman of BKPM, Chatib Basri, said IDB was interested in Indonesian economic development, especially the development of middle class. Basri said that government had not yet targeted the investment value. After the signing, both parties exchanged information so that IDB members could know Indonesian investment climate well.

Ikuti Whatsapp Channel Republika