Indonesia 9th Most Popular Investment Destination


Jakarta. President Susilo Bambang Yudhoyono says Indonesia is now the ninth-most popular country in terms of global investment destinations, because of its resources and sizable consumer market.


“Why are we being monitored by the global economic community as a country with great opportunities for investment? The first reason is because of our potential and the growth of our market.”


“Apart from that, it is access to our natural resources and the quality of our workforce,” Yudhoyono said in a speech marking the opening of the Chamber of Commerce and Industry (Kadin)’s annual gathering in Jakarta on Friday.


Yudhoyono added that the reasons for investing in Indonesia were obvious and that competition was imminent. He also recommended that, because of this, local business players should be ahead of their foreign counterparts.


“[Local businesses] must become hosts in their own country,” Yudhoyono said.


Source:  The Jakarta Post - 1 April 2011