TEMPO.CO, Jakarta - Chairman of the Investment Coordinating Board (BKPM) Franky Sibarani said that several US-based venture capital firms have set their sights on businesses in Indonesia. One of the businesses which interest them are various startup projects in Indonesia.
“They see the potential,” Franky said in written statement, Wednesday, June 29, 2016. The intent to invest has made BKPM optimistic about the prospect of digital economy development in Indonesia, he said. By 2030, Indonesia’s digital economy sector will be worth US$130 billion.
Franky considered the step to develop the businesses as positive for the plan to boost digital economy in Indonesia. He said that extra support for startups will give more positive impacts on them.
Aside from venture capital firms, other companies have conveyed their intent to invest in Indonesia, Franky noted. Among others are a furniture design company, a footwear manufacturer and a bank.
The United States is one of the top sources of investment in Indonesia. BKPM data shows that the US investment realization reached US$893 million in 2015. The realization comprise of 261 projects, majority of which were in mining sector. Whereas US investment commitment was US$4.8 billion, consisting of 76 projects.
BAGUS PRASETIYO
