Government prepares investment opportunity map in 13 provinces

The Ministry of Investment/Investment Coordinating Board (BKPM) has prepared the Investment Opportunity Map (PPI) for strategic priority projects in 13 provinces that would be offered in 2022.

The PPI will focus on 22 profiles of sustainable investment projects spread across the 13 provinces of North Sumatra, South Sumatra, Riau Islands, West Java, Banten, East Java, West Kalimantan, East Kalimantan, West Nusa Tenggara (NTB), East Nusa Tenggara (NTT), South Sulawesi, Gorontalo, and Maluku.

Minister of Investment/Head of BKPM Bahlil Lahadalia chaired the hybrid coordination meeting of PPI here on Thursday, which was attended by governors and heads of the Investment Agency and One Stop Integrated Services (DPMPTSP) from 13 provinces.

According to Lahadalia, a clear path for investors to Indonesia and the PPI would become investment opportunity profiles in the regions that provide comprehensive and detailed pictures to potential investors.

“Today, we are making the Investment Potential Map (PPI) as an instrument of the government’s presence in facilitating the entry of investment into Indonesia. By making this project, we can be more focused. We see the market, and we offer the investment,” he remarked.

The minister reiterated that in future, the government will focus on developing New and Renewable Energy (NRE)-based industries that are environmentally friendly, so that the products would have competitive value in the global business.

Sharing the same opinion, South Sumatra Governor Herman Deru underscored the importance of offering concrete investment opportunities in accordance with the target market.

“We have to be clear first. This is like a matchmaking agency. Interested parties will come according to the matchmaking offered. If we talk about foreign investment, the answer (the matchmaker) is the Ministry of Investment,” he stated.

Deru has called on the ministry to provide a large storefront that displays investment potential across Indonesia.

He stressed on the need for a special marketing staff acting as a “matchmaker” to facilitate potential investors and the investment potential that is ready to be offered.

Responding to the governor’s suggestion, Lahadalia said the ministry is ready to collaborate with local governments in promoting priority investment projects to potential investors.

The 22 investment project profiles included in the 2022 PPI comprised 11 natural resources-based projects and 11 manufacturing industry-based projects.

The natural resources-based projects include clusters in plantations, horticulture, food crops, livestock, fisheries, and energy.

Projects based on the manufacturing industry comprised clusters of the chemical industry, miscellaneous industry, metal, machinery, transportation equipment, and electronics industry.

The investment projects are expected to directly contribute to the achievement of the Sustainable Development Goals (SDGs), particularly for poverty alleviation, job creation, and economic growth, as well as for reducing economic inequality.

In March 2022, the ministry had launched 47 sustainable investment projects, worth Rp155.12 trillion, in the tourism sector, economic zones, industry, and infrastructure spread across 33 provinces.

Investors were keen to invest in 10 projects, with a total value of Rp39.55 trillion.

Source: Antara News

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