Jakarta, wapresri.go.id – Covid-19 has left a lasting impact from all aspects that affect the survival of the world community. Challenges in the coming year are expected to impact on price volatility and high inflation. Observing this, the government is optimistic that it can overcome the crisis through joint efforts and hard work by ensuring the sustainability of investment through economic and political stability.
“Economic and political stability is the key to investment sustainability because no matter how attractive the investment as an economic value, without this stability, investors are likely to choose another decision,” said Vice President K.H. Ma’ruf Amin when opening the 2022 Investment Service Award, at the Grand Ballroom of the Fairmont Hotel, Jalan Asia Afrika No. 8 Senayan, Central Jakarta, Wednesday (12/10/2022).
According to the Vice President, several elements such as regulatory clarity, land availability, and infrastructure readiness are essential to maintain investment stability in Indonesia.
“Stability in the context of investment is more than just maintaining macroeconomic conditions and legal certainty. Other elements that are no less substantial are regulatory clarity, institutions, the certainty of land availability, infrastructure readiness, central-regional coordination, human resource capacity, and the role of the business sector,” he explained.
Furthermore, the Vice President emphasized that investment is the backbone of the economy because it is not only able to create jobs and produce goods/services but also helps create added value for the Indonesian economy.
“However, investment is a vital matter because its existence can support sustainable development, create added value, promote economic justice, and even help realize economic democracy,” he said.
This forum was attended by leaders of ministries/agencies, regional heads, and policymakers in the Special Economic Zones (SEZ) and Free Trade Areas and Free Ports (KPBPB). The Vice President hoped that stakeholders could develop joint solutions to various problems and provide investment facilities.
“I hope all stakeholders can exchange solutions to various service problems and facilitate investment. The hope is that all parties can learn from each other and take best practices that are more efficient and accountable,” he concluded.
Previously, Investment Minister Bahlil Lahadalia conveyed matters related to economic progress in Indonesia. He ensured that he would continue cooperating with stakeholders in spurring investment growth in Indonesia.
“We must spur investment in Indonesia to create a new economic growth area,” said Bahlil.
Present at the event were Minister of Home Affairs Tito Karnavian, Minister of Administrative Reform and Bureaucratic Reform Abdullah Azwar Anas, Minister of Transportation Budi Karya Sumadi, Minister of Energy and Mineral Resources Arifin Tasrif, and Minister of Public Works and Public Housing Basuki Hadimuljono.
Meanwhile, the Vice President was accompanied by the Head of the Vice President Secretariat Ahmad Erani Yustika, Deputy for Economic Policy Support and Competitiveness Improvement Guntur Iman Nefianto, Special Staff for the Vice President Masduki Baidlowi, and the Expert Team of the Vice President Farhat Brachma. (SM/LHS – BPMI, Setwapres)