[ad_1]
Investment Minister Baril Lahadaria has insisted that the government led by President-elect Prabowo Subianto will stick to the current government’s approach to attracting investment.
President Joko “Jokowi” Widodo and his cabinet have frequently pursued proactive and aggressive strategies to persuade foreign governments and companies face-to-face of Indonesia’s merits as an investment destination.
“Since then, [election] The winners happen to be Prabowo and Gibran. [Rakabuming Raka]I believe it [the policies that] Already good, will remain [in place]” Baril said at a press conference on Monday, noting how the Prabowo-Jibran ticket touted continuity in the election campaign.
Bahlil said, “Finding new formats is not easy,” and emphasized the benefits of sticking with tested concepts.
He acknowledged that “nothing is perfect” about the Jokowi government’s policies and that modifications and adjustments will be made. However, “about 70 percent” of Jokowi’s strategy will remain.
Barril told reporters that the government lacked a comprehensive and detailed catalog of investment opportunities in the country. A good example is the mining sector, where governments need to have exploration data on hand to demonstrate business potential to investors based on discovered reserves.
every Monday
The minister described Jokowi’s signature downstream development policy, which involves a ban on the export of raw materials to exploit the country’s natural resources and promote the growth of domestic industry, as “a test of our nationalism.”
[ad_2]
Source link
