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Jakarta Post

RI eyes relocation of Japanese firms amid low investment

  • Adrian Wail Akhlas

    Jakarta

Jakarta   /   Sat, October 17 2020   /  01:00 am
Lower productivity: Workers assemble Isuzu Traga trucks at the Isuzu factory in East Karawang in West Java. The productivity of Indonesian workers lags behind that of neighboring countries because of a lack of proper education.(JP/Seto Wardhana)

The government aims to lure Japanese companies into relocating to Indonesia, as it launched on Wednesday an integrated data platform to spur investment and economic relations between the two countries as the health crisis impacts the economy. The integrated data platform, dubbed Japan-Indonesia Partnership Lounge (JAIPONG), is set to provide information on economic cooperation opportunities between Japan and Indonesia, as well as promote investment climate in the country as part of the country’s efforts to revive an economy battered by the pandemic. As more companies plan relocations to Indonesia, only a few hail from Japan, Deputy Foreign Minister Mahendra Siregar said on Wednesday, calling for the two countries to enhance cooperation in a bid to advance economic relations. “It is not enough as we have 60-year strong [diplomatic] relations,” he told an Indones...