Fathan Qorib, Andin Aditya Rahman
Foreign investors still have strong interest in Indonesia according to Suryo Bambang Sulisto, Chairman of the Indonesian Chamber of Commerce (KADIN). Suryo explained that this is apparent from the strong interest of developed nations in Indonesia as an investment destination.
“Indonesia is the mother of all opportunities. When they come and meet me, many investors are interested but unfortunately they are not taken care of,” stated Suryo in Jakarta on Thursday.
The main reason foreign investors are attracted to Indonesia is its high domestic economic growth of over five percent. This figure is indeed higher than most other G20 countries that generally have economic growth of less than three percent.
The high economic growth can be attributed to Indonesia’s vast population and their high levels of consumption. In addition, the growth of Indonesia’s middle class has seen pronounced changes that are tantalizing to foreign investors and encouraging them to invest their money here.
Suryo affirmed his belief that Indonesia’s economic growth can achieve higher figures. “We can grow more than this,” he asserted.
Winang Budoyo, Head Economist at Bank CIMB NIaga, backed Suryo’s view by stating that Indonesia’s economic growth in 2014 will remain strong, even with the upcoming general elections.
Winang emphasized Indonesia’s high domestic demand indicators and the constantly increasing number of the Indonesian population entering the middle-class. Further, Winang explained that the declining inflation rate and the imminent likelihood of the IDR bouncing back against the USD is also providing an incentive for foreign investors to invest in Indonesia.
“Our economic fundamentals are predicted to remain strong even amongst political and economic uncertainty, both domestically and globally,” he asserted.
However, Mirza Adityaswara, Senior Deputy Governor of Bank Indonesia, is of the view that Indonesia is still going through the process of moving towards even better economic conditions.
“We are taking quite a bitter pill right now, so our body will be health in 2014 and thereafter,” Mirza concluded.
(hot/kc)
Fathan Qorib, Andin Aditya Rahman
Foreign investors still have strong interest in Indonesia according to Suryo Bambang Sulisto, Chairman of the Indonesian Chamber of Commerce (KADIN). Suryo explained that this is apparent from the strong interest of developed nations in Indonesia as an investment destination.
“Indonesia is the mother of all opportunities. When they come and meet me, many investors are interested but unfortunately they are not taken care of,” stated Suryo in Jakarta on Thursday.
The main reason foreign investors are attracted to Indonesia is its high domestic economic growth of over five percent. This figure is indeed higher than most other G20 countries that generally have economic growth of less than three percent.
The high economic growth can be attributed to Indonesia’s vast population and their high levels of consumption. In addition, the growth of Indonesia’s middle class has seen pronounced changes that are tantalizing to foreign investors and encouraging them to invest their money here.
Suryo affirmed his belief that Indonesia’s economic growth can achieve higher figures. “We can grow more than this,” he asserted.
Winang Budoyo, Head Economist at Bank CIMB NIaga, backed Suryo’s view by stating that Indonesia’s economic growth in 2014 will remain strong, even with the upcoming general elections.
Winang emphasized Indonesia’s high domestic demand indicators and the constantly increasing number of the Indonesian population entering the middle-class. Further, Winang explained that the declining inflation rate and the imminent likelihood of the IDR bouncing back against the USD is also providing an incentive for foreign investors to invest in Indonesia.
“Our economic fundamentals are predicted to remain strong even amongst political and economic uncertainty, both domestically and globally,” he asserted.
However, Mirza Adityaswara, Senior Deputy Governor of Bank Indonesia, is of the view that Indonesia is still going through the process of moving towards even better economic conditions.
“We are taking quite a bitter pill right now, so our body will be health in 2014 and thereafter,” Mirza concluded.
(hot/kc)