Jakarta, IO – President Joko Widodo tried to convince Australian investors that Indonesia is the best partner for investment in Southeast Asia. He emphasized a number of priority sectors that have high potential for investors to invest in.
“Indonesia has high potential as an investment destination with a wealth of natural resources, demographic bonuses, a large market, well-maintained economic and political stability,” he said during a meeting with CEOs of Australian companies in the Cambridge Meeting Room, Shangri-La Hotel, Sydney, Tuesday (4/7).
The first priority sector is the downstream industry. He said Indonesia and Australia have great potential to cooperate in the development of electric car battery.
“Indonesia has set the target to start producing EV batteries next year, as well as the production of 1 million electric cars and 3.2 million electric motorbikes in 2035,” he said.
In addition, he said Indonesia has extraordinary potential in the green energy sector. Indonesia has a huge potential of 434 gigawatts in the field of renewable energy from wind, water, geothermal, biofuels and solar.
“Currently, 30,000 hectare of green industrial park is being built,” he added.
Furthermore, the country is constructing its new administrative capital Nusantaran which embraces the concept of a forest- and nature-based smart city. According to Jokowi, investment opportunities are abound for investors to jointly develop Nusantara.
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“The investment value reaches US$25 billion in the education, health, energy and other sectors,” he said.
“The number of student admissions increases by around 20 percent every year. Nearly 2 million Indonesians still go for health treatment abroad. There is a great opportunity for investment in these fields,” he pointed out. (rr)