Job Creation Law was passed and signed by President Joko Widodo (Jokowi) on November 2, 2020, and has officially been valid as law No. 11 of 2020.Jakarta (ANTARA) - Polish Ambassador to Indonesia Beata Stoczynska believes that the Job Creation Law (Omnibus Law) has created a friendlier investment ecosystem for foreign investors to grow their investments in Indonesia.
"Thank you to President Joko Widodo on the Job Creation Law. This law brings a more welcoming environment for foreign investors," Stoczynska stated during a special interview with Antara at the Polish Embassy here on Tuesday.
Ambassador Stoczynska highlighted that the Job Creation Law is not only helpful for foreign investors but also for the domestic market and workers.
"The Omnibus Law opens great opportunities for employers, workers, and the entire business environment. It is important for foreigners and Indonesians themselves," Stoczynska affirmed.
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According to the ambassador, the law is an extraordinary effort that can attract foreign investors to invest in Indonesia.
"The Omnibus Law has a positive impact on the investment opportunity in Indonesia and (provides) a better environment for foreign entrepreneurs," she explained.
The Job Creation Law was passed and signed by President Joko Widodo (Jokowi) on November 2, 2020, and has officially been valid as Law No. 11 of 2020.
Jokowi believes the Job Creation Law will improve the lives of workers and their families.
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The president elucidated that the law was put in place on account of the high demand for employment, among other factors. He noted that annually, 2.9 million new people from the working-age age or members of the young generation are ready to enter the job market.
The Job Creation Law aims to open up as many jobs as possible for job seekers and the unemployed community, Jokowi noted.
Earlier, Indonesian Ambassador to Singapore Suryo Pratomo affirmed that international corporations had demonstrated a high level of interest in investing in Indonesia.
Indonesia's productive-age population is one factor for companies showing interest to invest in the country, Pratomo noted.
With the Law on Job Creation passed in mid-2020, Indonesia has sufficient legal basis to enhance potential resources available for investment, he pointed out.
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Translator: Azis K, Kenzu T
Editor: Fardah Assegaf
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