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New Apindo leadership prioritizes investment in RI industry

Deni Ghifari (The Jakarta Post)
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Jakarta
Wed, August 2, 2023

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New Apindo leadership prioritizes investment in RI industry Newly appointed Indonesian Employers Association (Apindo) chairwoman Shinta Kamdani and the new Apindo national leadership council take a photo with President Joko “Jokowi“ Widodo in Jakarta on July 31, 2023. (The Indonesian Employers Association (Apindo))

T

he newly appointed Indonesian Employers Association (Apindo) national leadership council says it will focus on boosting investment in Indonesia, among other priorities, to address the country’s economic growth challenges.

Newly appointed Apindo chairwoman Shinta Kamdani said on Monday that increased investment was necessary to speed up industrial development in Indonesia and reinvigorate the country’s economic drivers.

The new leadership also noted other priorities, namely strengthening labor; empowering micro, small and medium enterprises (MSMEs); and increasing Apindo’s role in policy advocacy.

“We believe that creating economic growth can only be achieved through increases in productivity and human capital competitiveness, good industrial relationships and cooperation in tripartite institutions,” Shinta told the audience at an inauguration event on Monday.

Read also: Candidates must understand economy when it matters most, businesses say

Shinta said Apindo had created a five-year road map that included the goals of supporting economic growth and advancing the Nusantara Capital City (IKN) project.

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Seperately, Shinta told reporters that the IKN project was in need of local investors. That was why some businesses under Apindo had been involved in parts of the project, she said, either by themselves or in cooperation with foreign investors.

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