In Singapore, Indonesia Unveils Ambitious Investment Trends 2024 and Green Economic Opportunities
This article has been translated and summarized by CORIM Indonesia as part of our highlights of services. We has not completely checked the accuracy and admits no responsibility for the content.
By nst.com
Insight | January 08, 2024
Indonesia has announced its investment strategies for 2024, focusing on green economic opportunities. The government's commitment to sustainable and responsible economic development is evident in the country's strategic steps to attract investment. The government is focusing on political, legal, and economic stability, adaptive policies for investment climate improvement, human resources potential, and abundant natural resource downstreaming. The government is also focusing on the development of environmentally friendly industries and the utilization of new renewable energy sources to promote inclusive, just, and equitable development.
The investment climate in Indonesia remains unaffected by the upcoming general elections, with the government continuing to streamline business permits through the Online Single Submission (OSS) Indonesia application. The conference, attended by around 200 participants, fostered lively discussions about the transition to sustainability. Experts from the National Statistic Agency, Ministry of Investment, Coordinating Ministry for Economic Affairs, Maritime and Investment, and Rebana Metropolitan Management Authority led panel discussions, offering valuable insights into Indonesia's potential for sustainable growth.
Singapore has emerged as the primary source of Foreign Direct Investment (FDI) for Indonesia over the past three years, with substantial investments totaling US12.1 billion from January to September this year.