Lampung offers seven investment projects to Singaporean businessmen

Lampung offers seven investment projects to Singaporean businessmen

The sixth series of the Road to Indonesia Investment Day 2020 webinar organized on Sept 16, 2020.

Batam, Riau Islands (ANTARA) - Lampung offered seven investment projects to Singaporean businessmen during the sixth Road to Indonesia Investment Day 2020 webinar organized, Wednesday, by Indonesian Embassy in Singapore along with Bank Indonesia and Investment Coordinating Board in Singapore.

Ad Interim Chargé d'Affaires (KUAI) of the Indonesian Embassy in Singapore Didik Eko Pujianto noted in a statement on Thursday that the projects comprised the Bakauheni Resort-Integrated Tourism Area, Tanggamus Maritime Industrial Area, Way Laga Bizpark, and the Waste to Energy Bakung Project.

Lampung Province is strategically located, as it lies at the east of Sumatra Island that is geographically close to Jakarta, the capital city of Indonesia.

Lampung Province has vast business potential that can attract foreign investors.

Secretary of the Lampung Provincial Administration Fahrizal Darminto pointed out that Lampung produced good-quality coffee and coconut.

Singapore has, until now, been the largest investor in Lampung, particularly in the food industry.

Darminto echoed the Lampung provincial government’s readiness to facilitate and support potential investors keen on investing.

On the same occasion, Bank Indonesia Governor Perry Warjiyo drew attention to the significance of maintaining macro and financial stability in supporting sustainable economic growth.

Another speaker, Bahlil Lahadalia, head of the Indonesian Investment Coordinating Board (BKPM), expressed his party’s readiness to facilitate investors, who will invest in Indonesia, starting from licensing and offering incentives to guaranteeing ease of investment.

The webinar, with participants comprising 142 registered businessmen and officials, was followed by four one-on-one meeting sessions involving Indonesian officials and Singaporean investors keen on investing in certain projects.

During the one-on-one meeting, potential investors can secure detailed information on the projects from relevant stakeholders. Related news: Minister launches virtual showcase of Indonesian products in Singapore
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