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Jakarta Post

Regencies to lure investors at 2018 Autonomy Expo

  • News Desk

    The Jakarta Post

Jakarta   /   Wed, December 20, 2017   /   09:05 pm
Regencies to lure investors at 2018 Autonomy Expo Regency Administrations Association (APKASI) secretary general Nurdin Abdullah (center) meets with other APKASI executives in Jakarta on Dec. 20 to announce the 2018 Autonomy Expo, which will be held in BSD City, Tangerang, Banten from July 6 to 8 next year. (JP/srs)

The Regency Administrations Association (APKASI) expects to record at least Rp 2.2 trillion (US$154 million) in transactions during the 2018 Autonomy Expo, to be held in BSD City, Tangerang, Banten on July 6-8 next year.

"We hope that all regencies will use this opportunity to attract investments that can boost their local economy,” APKASI secretary general Nurdin Abdullah said in Jakarta on Wednesday.

Meanwhile, APKASI’s head of business and regional development, Syaifudin Kai, said each regency was expected to showcase its investment opportunities and tourist sites during the event, as well as to promote their potential commodities. 

He believed the expo would be an opportune place for regional administrations to promote their respective regencies.

Last year’s Autonomy Expo resulted in Rp 2 trillion worth of transaction.

"The Tegal regency, for example, collected Rp 500 billion in investments to develop a port project," Syaifuding said.

North Lombok Regent Najmul Akhyar added that last year, North Lombok attracted a foreign investor who would be developing Gili Trawangan Beach as a tourist area.

He added that his administration was currently in talks with potential investors about five projects in tourism and the agriculture sector.

About 200 regencies took part in the 2017 Autonomy Exo, which received more than 10,000 visitors. (srs/bbn)