REPUBLIKA.CO.ID, JAKARTA -- The Investment Coordinating Board (BKPM) has identified 19 investors from Japan from October 2014 to March 12, 2015 that have shown serious interest in investing up to US$8.9 billion in Indonesia.
"Through our marketing officers for Asian region and our representative office in Tokyo we have already conducted intensive communications with the Japanese investors and identified 19 of them who are quite serious with their plan to invest in Indonesia," BKPM chief Franky Sibarani said in a press statement here on Sunday.
President Joko Widodo left for Japan on Sunday for a two day state visit that includes meetings with Japanese officials and businesses, which would be followed by a visit to China until March 27.
Based on data the 19 investors include two companies that would invest US$600 million in the automotive and component industries, three chemical companies with an investment of US$295.35 million, two food companies US$15 million and two companies operating in the agricultural and processing industries with their investment reaching US$41.86 million.
Other companies would invest in the shipbuilding industry up to US$40 million, amusement park up to US$434.78 million, industrial zones and other infrastructure as well as oil and gas industry up to US$7.5 billion.
Franky said executives from a number of companies are scheduled to meet with President Joko Widodo during his visit to Japan on March 23-25 at an investors' forum.
BKPM, he said, would also conduct intensive meetings with investors through a consultation meeting forum.
"During the meetings with the President in a'one-on-one meeting' or at an investors' forum we hope they would realize their interest by immediately submitting applications for an investment permit," he said.
Franky said all efforts made by his office were implementation of President Joko Widodo's hope that his current visit to Japan would bring results especially with regard to investment.
He said BKPM has also received applications for investment permits from Japanese investors worth US$2.7 billion from October 2014 to March 19, 2015 operating in automotive component industries.
President Joko Widodo (Jokowi) has expressed his hope that for more concrete bilateral cooperation could be established between Indonesia and Japan as well as Indonesia and China.
"The state visits are to follow up talks held in November last year with Chinese President Xi Jin Ping and Japanese Prime Minister Shinzo Abe," Jokowi said before his departure to Tokyo.
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