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Jokowi wants to ease the path for investors Into Indonesia

Tempo - November 30, 2022

M Julnis Firmansyah, Jakarta – President Joko "Jokowi" Widodo in Wednesday's national investment coordination meeting in Jakarta urged policymakers to better facilitate investors to enter Indonesia as he believes the global competition to attract investors are getting harder due to the forecast of a global recession.

"This is why we should not complicate the process. I don't want to hear reports of [investors having difficulties entering Indonesia] whether it's at the central or regional government," said the President at the Ritz-Carlton on November 30.

Widodo claims that Indonesia has gained international trust after hosting a number of international events, and called for everyone to use the momentum to its full potential.

"Don't let the trust slip over mistreating investments that want to land in Indonesia," he added.

Jokowi said he had assigned intelligence economists to study investment climate patterns in other countries and after studying investment patterns in other countries, he claims investors prefer government incentives to tax holidays.

Source: https://en.tempo.co/read/1662777/jokowi-wants-to-ease-the-path-for-investors-into-indonesi