{"id":183487,"date":"2020-02-20T15:13:53","date_gmt":"2020-02-20T08:13:53","guid":{"rendered":"https:\/\/setkab.go.id\/?p=183487"},"modified":"2020-02-21T15:16:06","modified_gmt":"2020-02-21T08:16:06","slug":"rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says","status":"publish","type":"post","link":"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/","title":{"rendered":"Rp.708 Trillion Investment Hampered Due to Bottlenecks, President Jokowi Says"},"content":{"rendered":"<div id=\"attachment_183489\" style=\"width: 3895px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-183489\" class=\"size-full wp-image-183489\" src=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/02\/DSC_3199_-2.jpg\" alt=\"\" width=\"3885\" height=\"2712\" \/><p id=\"caption-attachment-183489\" class=\"wp-caption-text\">President Jokowi speaks at the Opening of 2020 National Working Meeting on Investment at The Ritz Carlton Hotel, Jakarta, Thursday (20\/2). (Photo: Jay\/PR)<\/p><\/div>\n<p>Twenty-four investment projects worth Rp708 trillion (US$50 billion) have currently stalled due to a number of bottlenecks, President Joko \u201cJokowi\u201d Widodo has said.<\/p>\n<p>\u201cActually, no need to attract more foreign investors. First, we must manage the Rp708 trillion-worth pending investment first. We also have other potential investment amounting to Rp1,600 trillion (US$116.8 billion),\u201d President Jokowi said at the Opening of 2020 National Working Meeting on Investment in Jakarta, Thursday (20\/2).<!--more--><\/p>\n<p>According to the President, the figure is a tremendous amount, almost similar to the State Budget, yet it has never been managed properly. He cited an example of South Korea\u2019s Lotte Company that has expressed interest to invest in Banten province since four years ago but the investment has always hampered by land acquisition problem.<\/p>\n<p>\u201cThus, I appeal to every regional head and every head of PTSP One-Stop Integrated Service (PTSP) office to serve all investors. Should any issue arises, please help those investors to resolve the problems. Their investments can create so many new jobs for our people,\u201d President Jokowi said.<\/p>\n<p>With such enormous amount of investment, the President added, the investors will build factories, industries, manufactures to create job opportunities for nearly seven million unemployed citizens across the country.<\/p>\n<p>\u201cIf the Rp708 trillion-worth investment can be realized, the potential Rp1,600 trillion may follow. No need to lure more investors. Show them that Indonesia will serve them well,\u201d President Jokowi said, adding that the rule applies to all investors, whether small, medium or big ones.<\/p>\n<p>In the meantime, regarding an omnibus law for investors, President Jokowi underlined that once the law is passed, the MSMEs players will no longer need to process numerous business permits.<\/p>\n<p>\u201cAs long as they have only one permit, that\u2019s enough,\u201d the President said, adding that the ease to obtain permits will also ease them to access financial products for capital injection. (FID\/EN)<\/p>\n<p>Translated by: Estu Widyamurti<br \/>\nReviewed by: M. Ersan Pamungkas<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twenty-four investment projects worth Rp708 trillion (US$50 billion) have currently stalled due to a number of bottlenecks, President Joko \u201cJokowi\u201d Widodo has said. \u201cActually, no need to attract more foreign investors. First, we must manage the Rp708 trillion-worth pending investment first. We also have other potential investment amounting to Rp1,600 trillion (US$116.8 billion),\u201d President Jokowi [&hellip;]<\/p>\n","protected":false},"author":43,"featured_media":183489,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77,66],"tags":[],"class_list":["post-183487","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-uncategorized-en"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.1 (Yoast SEO v26.1.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rp.708 Trillion Investment Hampered Due to Bottlenecks, President Jokowi Says - Sekretariat Kabinet Republik Indonesia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rp.708 Trillion Investment Hampered Due to Bottlenecks, President Jokowi Says - Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"og:description\" content=\"Twenty-four investment projects worth Rp708 trillion (US$50 billion) have currently stalled due to a number of bottlenecks, President Joko \u201cJokowi\u201d Widodo has said. \u201cActually, no need to attract more foreign investors. First, we must manage the Rp708 trillion-worth pending investment first. We also have other potential investment amounting to Rp1,600 trillion (US$116.8 billion),\u201d President Jokowi [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/\" \/>\n<meta property=\"og:site_name\" content=\"Sekretariat Kabinet Republik Indonesia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/id-id.facebook.com\/Setkabgoid\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-20T08:13:53+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-21T08:16:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/02\/DSC_3199_-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"3885\" \/>\n\t<meta property=\"og:image:height\" content=\"2712\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:site\" content=\"@setkabgoid\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/\"},\"author\":{\"name\":\"Office of Assistant to Deputy Cabinet Secretary for State Documents &amp; Translation\",\"@id\":\"https:\/\/setkab.go.id\/#\/schema\/person\/ccc9c04099be79c6aa9ed45cb3bf345e\"},\"headline\":\"Rp.708 Trillion Investment Hampered Due to Bottlenecks, President Jokowi Says\",\"datePublished\":\"2020-02-20T08:13:53+00:00\",\"dateModified\":\"2020-02-21T08:16:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/\"},\"wordCount\":357,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/setkab.go.id\/#organization\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/02\/DSC_3199_-2.jpg\",\"articleSection\":[\"News\",\"Uncategorized @en\"],\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/\",\"url\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/\",\"name\":\"Rp.708 Trillion Investment Hampered Due to Bottlenecks, President Jokowi Says - Sekretariat Kabinet Republik Indonesia\",\"isPartOf\":{\"@id\":\"https:\/\/setkab.go.id\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/02\/DSC_3199_-2.jpg\",\"datePublished\":\"2020-02-20T08:13:53+00:00\",\"dateModified\":\"2020-02-21T08:16:06+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/#breadcrumb\"},\"inLanguage\":\"ENH\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"ENH\",\"@id\":\"https:\/\/setkab.go.id\/en\/rp-708-trillion-investment-hampered-due-to-bottlenecks-president-jokowi-says\/#primaryimage\",\"url\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/02\/DSC_3199_-2.jpg\",\"contentUrl\":\"https:\/\/setkab.go.id\/wp-content\/uploads\/2020\/02\/DSC_3199_-2.jpg\",\"width\":3885,\"height\":2712,\"caption\":\"President Jokowi speaks at the Opening of 2020 National Working Meeting on Investment at The Ritz Carlton Hotel, Jakarta, Thursday (20\/2). 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