President Jokowi Chairs Limited Meeting on Follow Up to Increased Investment

By Office of Assistant to Deputy Cabinet Secretary for State Documents & Translation
Date 31 Januari 2018
Category: News
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President Jokowi presides over a Limited Meeting on Increased Investment at the Presidential Office, Jakarta, Wednesday (31/1). (Photo: PR/Jay)

President Jokowi presides over a Limited Meeting on Increased Investment at the Presidential Office, Jakarta, Wednesday (31/1). (Photo: PR/Jay)

President Joko “Jokowi” Widodo chaired a Limited Meeting on follow-up to increased investment at the Presidential Office, Jakarta, Wednesday (31/1) afternoon.

In his directives, President Jokowi asserted that the meeting is a follow up to the discussion that has been delivered by Vice President Jusuf Kalla. “We already have a meeting on increased investment. Today is a follow-up to what we have delivered at the meeting two weeks ago, which of course the Vice President has conducted the meeting several times,” the President said.

In a meeting held on 5 January 2018, the President said that Indonesia’s investment rating jumped significantly. “This is a very big step forward,” the President said in his introductory remarks at a Limited Meeting on Increased Investment and Trade, at the Presidential Palace, Jakarta, Friday (5/1) afternoon.

Similarly, when it comes to the rating for investment grade, according to the President at that time, Standard & Poor’s upgraded Indonesia’s sovereign bond ratings to investment grade and Fitch Rating also upgraded Indonesia to BBB.

To that end, the President asked all relevant parties not to lose momentum. The President wants more to focus on investment, export or foreign trade, be it in the sector of industry, energy and mineral resources, health, education, defense industry, agriculture, or marine and fisheries.

Also present at the Limited Meeting were Coordinating Minister for the Economy Darmin Masution, Coordinating Minister for Political, Legal, and Security Affairs Puan Maharani, Coordinating Minister for Maritime Affairs Luhut B.Panjaitan, Minister of State Secretary Pratikno, Cabinet Secretary Pramono Anung, Presidential Chief of Staff Moeldoko, Minister of State-owned Enterprises Rini Soemarno, Minister of Trade Enggartiasto Lukita, Minister of Industry Airlangga Hartarto, Minister of Transportation Budi Karya Sumadi, Minister of Tourism Arif Yahya, Minister of Health Nila F Moeloek, Minister of Law and Human Rights Yasonna Laoly, Minister of Research and Technology and Higher Education M. Nasir, Minister of Agriculture Amran Sulaiman, Minister of Manpower Hanif Dhakiri, the Indonesian National Police (Polri) Chief Gen. Tito Karnavian, Head of the Indonesian Investment Coordinating Board (BKPM) Thomas Lembong, and other High-ranking Officials. (FID/SM/JAY/EN) (MUR/MMB/YM/Naster).

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