BKPM: David Cameron`s Visit to Boost Investment

TEMPO.CO, Jakarta - The Investment Coordinating Board (BKPM) expects British Prime Minister David Cameron's visit to encourage the country's investment in Indonesia.

Speaking to journalists on Monday, Deputy of Investment Implementation of the BKPM Azhar Lubis said that he will welcome the investment commitments planned to be delivered during the prime minister's visit to Indonesia.

"They (the British) had entered Indonesia through the pharmaceutical industry. We hope they are able to enter the power plant sector in the future, in accordance with our priority projects," Lubis stated.

He added that the UK had shown interest in investing in the management and provision of drinking water in Indonesia for long.

"But they are still awaiting a revised regulation on water resources," he pointed out.

However, Lubis confirmed that the BKPM will promote the sectors that were prioritized by the government to support the economy, such as the fields of infrastructure, maritime affairs, tourism, agriculture and industries. The government pays special attention to labor-intensive industries, export-oriented products, and import substitution.

"We promote what we prioritize," he remarked.

According to data from the investment board, the realization of British investment in Indonesia in the first half 2015 amounted to US$424.93 million in 109 projects.

These place Britain in the seventh position in the list of top investing countries in Indonesia.

ANTARA