BKPM’s Indonesia Investment Promotion Center (IIPC) Tokyo in collaboration with Mitsubishi UFJ Financial Group (MUFG) recently hosted Indonesia Investment Seminar on investment opportunities for more than 100 Japanese investors keen to expand their business to Indonesia on Wednesday (21/8).
During his previous visit to Japan last May, BKPM Chairman Tom Lembong said for Indonesia, Japan is a strategic partner yet a good old friend. “Japan has been an investor in Indonesia for decades now, and has been the second or third biggest investor in the country”
According to BKPM Director of Sectoral Promotion Imam Soejoedi, the seminar is a concrete step to attract more investment from Japan. “This is in line with President-elect Joko Widodo’s focus on increasing investment and export, gaining momentum amid the US-China trade war”, he added.
Consul General of the Republic of Indonesia in Osaka, Bapak Mirza Nurhidayat opened the Indonesia Investment Seminar. Among speakers attending the seminar were BKPM Director of Sectoral Promotion Imam Soejoedi, Executive Officer & General Manager Jakarta Branch MUFG Bank Ltd. Daisuke Ejima, Senior Director Japan Indonesia Association Inc. Norio Yamazaki, and Business Collaboration Consultant PT Bank Danamon Indonesia Tbk. Yuki Hayashi. We brought together business people from electronics industry, fiber, food, as well as the engineering conglomerates sectors.
Japan is the second-largest investor in Indonesia between 2014 – Quarter II 2019 with USD 23.3 billion worth of investments, mainly in Transportation Equipment & Other Transportation Mode Industry (28%), Electricity, Gas and Water (22%), House, Industrial Estate and Office (10%), as well as Machine, Electronic, Medical Instrument, Elect. Equipment, Optic and Watch Industry (7%) sectors. BKPM recorded Japan investment in the 2nd quarter of 2019 at USD 1.22 billion, USD 1.13 billion in Q1 2019, and USD 4.95 billion in 2018.