Keep Calm and Invest in Indonesia, Says President Joko Widodo
Date 20 April 2016
President Joko Widodo invites British businesspeople to invest in Indonesia as a solution of the global economic slowdown.
Keep calm and invest in Indonesia. I repeat, keep calm and invest in Indonesia, the President said when delivering his remarks at the UK-Indonesia Business Forum, held at Mandarin Oriental Hotel, London, Wednesday (20/4) morning, local time.
Indonesia, according to the President, is a good place for investment because amidst global economic slowdown, Indonesia still shows a quite good economic growth.
Our growth reached 5.04 percent at the fourth quarter of 2015. I am sure that Indonesia has reached economic stability, the President said.
The President explained that Indonesias economic growth can be achieved by two growth machines, namely infrastructure development and investment. Since his leadership 18 months ago, the Government has carried out the biggest infrastructure development in Indonesias history.
You can check to your journalists in Indonesia or to your Ambassador in Jakarta. I believe, most of them are surprised with our development at the moment, the President said.
The President said that investment, as Indonesias second growth machine, is also stable and increasing.
In order to ensure the businesspeople who attended the forum to invest in Indonesia, the President stated that Indonesia continues to carry out economic reform, with two fundamental principles: openness and competition.
I am here to convince you that I will continue the reform, continue to simplify permitting process, and continue to make our economy open, the President firmly said.
After delivering his remarks, the President had one-on-one meetings with the Chairman of Jardine Matheson Group, the CEOs of British Petroleum, HSBC, and Glaxo Smith Kline (GSK).
On those meetings, President Joko Widodo was accompanied by Cabinet Secretary Pramono Anung, Minister of Trade Thomas Lembong, Head of Investment Coordinating Board Franky Sibarani, and Minister of Marine Affairs and Fisheries Susi Pudjiastuti. (UN/EN)(MMB/YM/Naster)