in the wake of the Indonesian government's efforts to attract more investment next year, the Chinese business players seem to be increasingly interested in putting their money in Indonesia.
Monday, President Joko Widodo made the decision to withdraw as much as 3143 rules at the provincial level he considers now the nation to win back competitiveness, according to Shanghai Daily.
"The rules have hampered national capacity and slowed our speed to win the competition," said President Widodo.
In addition, the chairman of the Indonesian Coordinating Council Franky Sibarani said the board has increased Indonesia's investment objective of Rp.594.8 trillion (about $ 44.6 billion) this year to Rp.631.5 trillion (47.3 billion approximately US $) in 2017
with the determination of the Government to attract foreign investment, it was also revealed that more Chinese investors set their eyes on Indonesia.
the report was published as investment construction data in the last year suggested a 518.6 percent increase from 2015, with Chinese investors has reached a staggering US $ 464.6 million in the first quarter 2016
President of the consulting firm RSM, Amir Abadi Jusuf, noted that improving the investment climate for Chinese investors motivated to access more information and to explore other possibilities to invest in Indonesia.
"the interest and curiosity of Chinese investors is very large. They often come to discuss doing business in the country, potential sectors, and learning of the banking industry in Indonesia roadmap, "he said yesterday as reported by the Jakarta Post.
Jusuf also added that the Chinese were therefore ranked fourth investor in the country after Singapore, Japan and Hong Kong.