The head of Indonesia Investment Coordinating Board (BKPM) Franky Sibarani stated in a press release on Tuesday, that European investors are welcome to invest mainly in four sectors of Indonesia’s economy: renewable energy, food, maritime and logistics. The offer comes during a visit by the Danish Minister for Environment and Food Esben Lund Larsen and the Danish Ambassador to Indonesia Casper Klynge and Chairman of the Indonesian Chamber of Commerce and Industry Rosan Roslani to the BKPM office in Jakarta.
Franky stated, that easing regulations for business licenses and shorter duration to obtain them are the keys to improve foreign investments in Indonesia. He pointed out, that the government states several policies to bring about simplifications in this sector. For example 11 Bonded Logistics Centers have been launched last month aimed at facilitating goods movement between different regions in Indonesia and now present one of many opportunities for Danish and European companies to be involved in the logistics sector.
According to BKPM data, investment commitments by European countries reached 6.53 trillion IDR (438 million EUR) in January 2016, which is almost ten times more than in the same period in 2015. Europe already showed a positive trend in 2015 with raising investment commitments to 37.5 trillion IDR (2,5 billion EUR), an increase of 16% from 2014. Franky is hoping that the visit of the Danish Minister will encourage more European investments in Indonesia in the future.