Investment Minister: President Prabowo Subianto’s Talk with Business Leaders Boosts Investor Confidence

Minister of Investment and Downstream Industry/Head of the Investment Coordinating Board (BKPM) and CEO of Danantara, Rosan Roeslani, delivers a press statement after attending the Indonesia–Korea Partnership for Resilient Growth forum in Seoul, South Korea, on Wednesday (04/01).

President Prabowo Subianto’s visit to Japan and South Korea has boosted global investors’ confidence in Indonesia, according to Minister of Investment and Downstream Industry/Head of the Investment Coordinating Board (BKPM) and CEO of Danantara, Rosan Roeslani.

Rosan made the statement after attending the Indonesia–Korea Partnership for Resilient Growth forum in the South Korean capital of Seoul on Wednesday (04/01), adding that the President’s direct engagement with business leaders was a key factor in generating a positive response from the business community.

“They had the opportunity to convey their input directly to the President, provide feedback, and discuss challenges in Indonesia. The President’s responsiveness and openness received a highly positive response from the business community,” he said.

Rosan also pointed out that during the visits to the two East Asian countries, the Indonesian Government held a series of strategic meetings with industry players, engaging 12 large companies at the Indonesia–Japan Business Forum in Tokyo, which was attended by over 300 businesspeople, and 11 major companies at the Indonesia–Korea Partnership for Resilient Growth forum in Seoul.

Furthermore, Rosan stated that investment interest from Japan and South Korea in Indonesia continues to rise despite global economic uncertainty, with Japanese investment growing by around 8-9 percent per year and South Korean investment by around fourteen percent annually.

The Minister added that Danantara, Indonesia’s sovereign wealth fund, has also played a key role in strengthening investor confidence in co-investment initiatives, adding that the Government is currently following up on co-investment plans involving several major companies, including Lotte Chemical and POSCO.

“We are currently following up on the co-investment projects with Lotte Chemical and POSCO, with a total investment value of around US$6 billion,” he said.

Rosan highlighted that many investors already operating in Indonesia have committed to expanding their investments in the next phase, with companies such as KCC Glass, POSCO, and several others now moving into their second stage of development.

According to Rosan, Indonesia’s ability to maintain political and economic stability remains one of the key factors that investors view as a vital foundation for making long-term investment decisions.

“That is the key enabler for every long-term investment commitment to Indonesia. This has been recognized by all investors, prompting them to move forward with their next-phase investments,” he said, underscoring that the Government will continue to follow up on the agreements to accelerate their realization and deliver concrete benefits to the national economy.

“We are confident that, going forward, investment in Indonesia will continue to grow, and as the President said, will bring benefits to us all,” he remarked. (BPMI of Presidential Secretariat) (DH/EP)