Jakarta (ANTARA News) - President Joko Widodo (Jokowi) has called on the chief executive officers (CEOs) of companies in Indonesia to spot opportunities in line with Indonesia`s increasing competitiveness in the eyes of the world.

In a statement received on Wednesday, several sources said that Indonesia`s Global Competitiveness Index continued to improve, rising to the 45th rank from 140 countries in 2018, as compared to ranking 47 in 2017.

Indonesia`s "Ease of Doing Business (EoDB)" ranking continues to soar, occupying 72nd position in 2017, from the ranking of 106 in 2015. This surge indicates continuous structural improvements.

In President Jokowi`s administration, Indonesia had also succeeded in achieving an Investment-Worthy rating from three of the world`s leading rating agencies: Standard & Poor`s, Moody and Fitch. Standard & Poor`s had given Indonesia a Non-Worthy investment grade rating in 2014.

Speaking at the opening of the Kompas100 CEO Forum held at the Jakarta Convention Center, Tuesday (Nov 27), Jokowi invited CEOs to continue to remain optimistic and seize opportunities that could be utilized.

The head of state revealed that one of the opportunities that could be utilized was the high interest of global businesses to move their factories to ASEAN countries, including Indonesia.

"Now, this is an opportunity. This is what we can fill. This is all potential. Both the potential to strengthen our industry and to increase our exports. This is the opportunity. All we have to do is take this opportunity or not. We can take this opportunity or not," the president stated.

To this end, the government will lend support in utilizing existing opportunities.

In the midst of the current global and regional chaos, the president encourages entrepreneurs to not be careless and focus on opportunities that are in sight.

At last year`s Kompas100 CEO Forum, the president had conveyed changes in consumption patterns, from offline to online, which opened up tremendous opportunities in e-commerce.

In addition, the tourism sector has become a new engine of economic growth.

He noted that world tourism had grown at seven percent, quite high as compared to the global economic growth of only 3.5 percent.

"This means that tourism growth is double the growth of the world economy. We need to see trends like this, where do we go. That is what we want to calculate. We want to calculate why we want to build 10 New Bali. Yes, because there is this opportunity, the tourism growth is seven percent," he explained.

Reporting by Joko Susilo
Editing by Eliswan, Yoseph Hariyadi

Reporter: antara
Editor: Heru Purwanto
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