TEMPO.CO, Jakarta - The Investment Coordinating Board (BKPM) said that partnerships with global financial institutions can boost the amount of actualized investments.
"It can strengthen the relationship between the government, regulators and investors, and create investment growth in Indonesia," BKPM chief Thomas Tri Kasih Lembong said Tuesday, Sept. 20.
Thomas said investment is a priority and foreign investments will support domestic economic and infrastructure growth, which is why he believes the government must collaborate with global financial institutions, like Citi.
BKPM and Citi Indonesia can collaborate in promoting product use and banking services that are relevant with investing.
"We have seen improvements in terms of ease of doing business here," Global Head of Citi Global Subsidiaries Group Marc Merlino said.
Citi Indonesia CEO Batara Sianturi said they can help improve the connectivity between the government, the regulator and multinational companies. "Mainly through the use of global networks and Citi's capability that promotes consistency, scalability, and reliability," he said.
Citi Indonesia's head of global subsidiaries Riko Tasmaya said that the collaboration with BKPM will allow clients to receive new, accurate information about investments in Indonesia. "They will also receive the best suggestions based on qualified observation, insights, and market intelligence."
Citi will also organize dissemination and discussions for clients, as well as help investors get the best partners.
VINDRY FLORENTIN