VP Kalla: Japan to More Invest in Industrial, Bank in Indonesia

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  • Indonesian Vice President Jusuf Kalla (JK)

    Indonesian Vice President Jusuf Kalla (JK)

    TEMPO.CO, Tokyo - Vice President Jusuf Kalla stated many corporations and banks of Japan committed to making more investment in Indonesia. The plan was delivered to Jusuf Kalla when he attended international conference The Future of Asia in Tokyo, June 10-13, 2018.

    At the conference, Jusuf Kalla (JK) met representatives from MUFG Bank Ltd., delegations from Marubeni Corporation, and the chairman of the Japan Indonesia Association for Economy Cooperation Yasuo Fukuda.

    “Many of them asserted their willingness to raise the investment. Either it is the bank or industrial sector, they planned to develop it in Indonesia. And even they tend to create more investment groups, clusters,” said Jusuf Kalla on Wednesday, June 13.

    JK mentioned the automotive industry was highly interested to invest in Indonesia and that Japan was ready to bring supporting industry for the country. While the banks interested to make more investment in micro and medium enterprises (UKM) to support the industries since they saw huge potential in the market and workers.

    JK went on to say that the government would require special demands should Japan make more investments. “Yes, we will reaffirm which infrastructure they want to build and their roles. For example, when they planned to construct the road, how and where it will be. The same condition for electricity,” JK noted.

    Vice President Jusuf Kalla added, meanwhile, Japan did not ask certain requirement. Instead, they offered the things needed by Indonesia. Thus, the government committed to quicken the supporting factors in a bid to support the investment growth.