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Jakarta Post

Indonesia pledges to safeguard investments as Covid-19 fears grow

  • Made Anthony Iswara

    The Jakarta Post

Jakarta   /   Tue, March 17, 2020   /  11:35 am
The Jakarta Post Image
Investment Coordinating Board (BKPM) head Bahlil Lahadalia (left) and Batam Indonesia Free Trade Zone Authority (BP Batam) head Muhammad Rudi pose for a picture after signing a memorandum of understanding on the implemention of the Indonesia-Batam OSS System (IBOSS) in Jakarta on Monday, March 9.(JP/Eisya A. Eloksari )

Indonesian authorities have provided assurances to investors that they will be shielded from potential disruptions amid the coronavirus outbreak that has discouraged investment into the country. Investment Coordinating Board (BKPM) head Bahlil Lahadalia met with the National Police's Criminal Investigation Department (Bareskrim) chief, Insp. Gen. Listryo Sigit Prabowo, on Monday to announce that the department would deploy a team to Batam, Riau Islands, to guard investments  in the area. Bahlil said he would also work with the National Police to safeguard investments, especially in "crucial areas" like Batam. "We have to be cohesive in building our country and maintaining our economic system. That's why all of the country's institutions, including the police, will help if there are any problems," Bahlil said. The releas...