MoFA was actively participating in the West Java Ambassador
Forum held by Representative Office of Bank Indonesia in West Java and
Government of West Java Province in Bandung (5/4). In the forum, MoFA was
represented by P2K2 of America and Europe.
The aim of this forum is to explain the investment
opportunity in West Java. This forum was attended by the representatives from
friendly countries and investment partner of West Java.
“The economic condition of West Java has been better, it can
be seen through the increased economic growth supported by consumption and
investment, inflation rate stability, and the decreased poverty rate,” Vice
Governor of West Java, Deddy Mizwar delivered this statement in the opening
speech of the event.
Besides, he continued that west Java Province has also given
various investment facilities, such as 3-Hour Investment Licensing Service
investment permit system, especially for industrial region in Karawang and
Bekasi. The positive growth is expected to be the stimulus of foreign
investment flowing to West Java.
The Head of P2K2 of America and Europe, Leonard F. Hutabarat
Ph.D, who became one of the speakers in the forum, said that Indonesia is on
the 6th rank for Asian regional country which receives the biggest
“Since five years ago, West Java, especially, has been the
most favorite region for investor to invest with the total investment value on
2016 reaching 5,5 billion US dollar,” Leonardo said.
In the publication of World Investment Report 2016, UNCTAD
placed Indonesia on the 9th rank of countries that have the best
investment prospect until 2018.
With the continued improvement of Indonesian economy, which
is marked by the projection of GDP growth above 5% for 2017 and 2018, Indonesia
also has to think about investing in other countries, not only seeking for
capital sources from other countries.
PricewaterhouseCoopers, the world’s credible think tank
institution, even predicted that Indonesia will be the 4th biggest
world’s economic power on 2050 under RRT, India, and United States.
In order to support and ensure that Indonesia’s economic
growth is moving to the positive direction, MoFA sets economic diplomacy as one
of the priorities. Besides developing the capacity and potentials of trade,
tourism, and investment of Indonesia, economic diplomacy also looks to the
improvement or cooperation opening with Indonesian non-traditional partners.
Now, P2K2 Center of America and Europe is studying the
improvement potential of the partnership relations with four countries in
America and Europe, which are Mexico, Chile, Polandia, and Turkey. Therefore,
it is re-emphasized by the Head of P2K2 Center of America and Europe that the economic
diplomacy is not only implemented in the center, but also implemented in
province and local region in synergy. (Source: Pusat P2K2 Amerop/Yo2k)