President Jokowi is scheduled to visit the Netherlands, Britain, Germany, and Belgium.Jakarta (ANTARA News) - President Joko Widodos (Jokowis) planned European trip is expected to boost foreign direct investment from Europe in Indonesia, according to the Investment Coordinating Board (BKPM).
Europes investment potential was quite huge, but Indonesia had yet to optimally benefit from it, Franky Sibarani, the BKPM chief, noted in a statement, here, Friday.
The realization of investment from Europe reached Rp149.8 trillion during the 2010-2015 period, he remarked, hoping that the presidents upcoming visit would boost European investment in Indonesia.
President Jokowi is scheduled to visit the Netherlands, Britain, Germany, and Belgium. Several cabinet ministers will accompany him during the visit.
In every country, the head of state and his entourage will attend a business forum, which is expected to draw some 200 to 250 businessmen.
Sibarani is scheduled to leave for Europe on Friday.
According to the BKPM data, the total investment from the four European countries reached Rp106.8 trillion during the 2010-2015 period.
Europe, as a whole, is ranked third among the major foreign investors in Indonesia.
The Netherlands, with a total investment worth Rp70 trillion, is ranked seventh; Britain, with Rp31 trillion, came tenth; Germany, with Rp5.2 trillion, stood 17th; and Belgium, with Rp1.6 trillion, ranked 27th, he revealed.
Sibarani believed that investment from those European countries in Indonesia had yet to reach an optimal level.
The investment commitment of European nations to Indonesia in January 2016 reached Rp6.53 trillion, up 10 folds from Rp670 billion in January 2015.
In 2015, the European investment commitment increased 16 percent to Rp37.3 trillion from Rp32.2 trillion in 2014. (*)
Editor: Heru Purwanto
Copyright © ANTARA 2016
