Singapore's investors offered seven projects in West Java at webinar

Singapore's investors offered seven projects in West Java at webinar

Webinar of Road to Indonesia Investment Day 2020. ANTARA/HO-Indonesian Embassy in Singapore/sh

Batam (ANTARA) - West Java has offered seven projects to Singaporean investors, including development of the Greater Cirebon Solid Waste Treatment Plant, Aerocity Kertajati project, and Subang Industrial Park.

The projects were offered at a webinar of Road to Indonesia Investment Day 2020 organized by the Indonesian Embassy in Singapore, Bank Indonesia, and the Indonesia Investment Promotion Centre (IIPC) in Singapore held on Tuesday (Sept 29), according to the Indonesian Embassy in Singapore.

On the occasion, West Java Governor Ridwan Kamil noted that the province was home to 60 percent of Indonesia's industrial centers supported by qualified human resources and infrastructure.

Kamil pointed to Singapore being the largest investor in West Java, as 40 percent of investment in the province originated from the city-state.

Didik Eko Pujianto, Indonesian chargé d'affaires in Singapore, remarked that West Java was the most populous province in Indonesia, with a population of some 50 million.

It has a strategic location bordering with the capital Jakarta and has abundant natural resource potential, especially in the field of agriculture.

Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia has vowed to facilitate investors to invest in Indonesia, including in the process of licensing, provision of incentives, and ease of doing business.

The webinar, with 200 participants, was followed by a one-on-one meeting to obtain detailed information on the projects.


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