PWC Survey : RI Beats Singapore As Investment Destination
Survey held by Price Waterhouse Coopers (PWC) to 800 CEOs from Asia Pacific region put Indonesia as the second best investment destination behind China. Indonesia beats Singapore which known as trade and investment hub in Asia Pacific.
According to the survey, only 46 percent respondent said they will increase their investment in Singapore for the next twelve months compared with 52 percent for Indonesia and 53 percent for China.
Investment Coordinating Board (BKPM) Chief Franky Sibarani responded positively to the survey. He said the survey proved CEOs from APEC countries still believe with investment climate in Indonesia.
"Response from government is very important because confidence shown in the survey must be well managed especially we should inform investment policies reform that have been done by government," he said through press release, Friday (20/11/2015)
According to Franky, The confidence from the CEOs is significant becase investment flow from Asia Pacific region is very high. Moreoever, Franky said, the survey explains that it is normal investment rate decreased this year because the region recorded its highest investment rate last year.
The survey also stated 68 percent of global investment is going to Asia Pacific region. Franky said Indonesia's performance in the survey will be used by govvernment to improve investment inflow to Indonesia.
"Vice President in CEO Summit in 18 November explained how government responds global change and how Indonesia implements deregulation to improve investment climate," added Franky.
Investment realization fro APEC dominates investment inflow to Indonesia. According to data from BKPM, from 20 biggest investors in Indonesia in five years period, APEC couuntries contribute 77.5 percent of investment worth USD76 billion.
Besides that, investment realization from APEC countries also show improvement each year. In 2010, investment from APEC countries reached 9.2 billion USD and continues to increase to USD10.5 billion in 2011, USD12.8 billion in 2012, USD16.1 billion in 2013, USD15.1 billion in 2014 and USD11.9 billion from January to September 2015.