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Jokowi vows better investment climate to S.Korean investors
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President Joko "Jokowi" Widodo speaks at a business forum in Seoul, South Korea, on Monday. (Courtesy of Presidential Secretariat)
P
resident Joko "Jokowi" Widodo has invited South Korean businesspeople to invest more in Indonesia, stressing that the government would continue to improve the country’s investment climate.
Jokowi told the forum, entitled “Morning Tea with President Jokowi” in Seoul, South Korea that the Indonesian government would develop infrastructure until the end of his term in 2019.
"I will continue reform. I will continue to simplify licensing, I will make the Indonesian economy more open," President Jokowi said.
The President said several infrastructure projects were in progress, such as the 35,000 megawatt (MW) power plant project, 163 new ports, new toll roads, new railways, an irrigation system for 1 million hectares of land, and 49 dams to support the irrigation system.
Furthermore, the President said that such development could only occur if Indonesia reformed its economy. The President spoke about the government's economic policies aimed at opening Indonesia up to investment.
"As of now, we have issued 12 economic stimulus packages to facilitate faster port clearance, lower electricity costs for the industry, among other things," Jokowi said.
He also told South Korean investors that he and his daughter Kahiyang Ayu were big fans of Korean ginseng, the root of which has been consumed as a health food for over 2,000 years.
"You all have two fans in Jakarta, me and my daughter," he said jokingly.
At the business forum, Jokowi also a showed a photo of him and his daughter with Korean boyband Shinee on the big screen, pointing out how Indonesians had come to love Korean culture.
"I have a daughter. I accompanied her to a Shinee concert two years ago," he told the audience, which broke out in laughter. (dmr)
