JAKARTA (Yosefardi) – Franky Sibarani, chairman of the Investment Coordinating Board (BKPM), claims new investment interest from China reached US$1.9 billion, equal to Rp25.65 trillion. This interest was made during the marketing for investment forum held in Shanghai recently.
Franky said China’s investment interest on cement industry reached US$1 billion, or 52% of total investment appetite. While investment interest in tourism sector reached US$600 million, shipyard US$300 million, steel industry US$10 million, and textile products and industry US$8 million.
The government will issue principle permits and operation licenses through one-stop service. The permit process takes 3 hours.