Indonesia calls for investment in maritime sector

The Indonesian government is ready to offer projects in the maritime sector worth 91.1 billion USD next year in order to support President Joko Widodo’s administration’s plan to make Indonesia a global maritime axis.
Indonesia calls for investment in maritime sector ảnh 1A beach on Bali tourist island of Indonesia. Illustrative image (Photo: AFP)

Jakarta (VNA) – The Indonesian government is ready to offer projects inthe maritime sector worth91.1 billion USD next year in order to support President Joko Widodo’sadministration’s plan to make Indonesia a global maritime axis.

“From themaritime sector, we are ready to offer a number of projects worth 91.1 billionUSD,” Deputy Coordinating Minister for Maritime Infrastructure CoordinatingAffairs Ridwan Djamaluddin told at the National Seminar Infrastructure TowardsIndonesia Going Forward 2024 held recently in Jakarta.

According to the official, the projects are ready to be offered openly, bothfor local and foreign investors.

Djamaluddin added that infrastructure developmentwill continue to connect with people’s production zones, small industrialzones, Special Economic Zones, and tourism areas.

To realisethe plan, the government, he said, actively invites investors to invest inIndonesia, especially in the maritime sector.

“Thereare no more investment barriers because this is the key to opening jobs. Thegovernment continues to carry out bureaucratic reform starting from thestructural side, the speed of service, granting permits,” he said, adding thatthe use of a focused and targeted State Budget would also become thegovernment’s concern for the next five years.

He wenton to say the maritime sector is still the main agenda of the government with10 development of tourism destinations and four priority destinations, as well as 14industrial areas outside Java to be completed within that timeframe.

Hefurther revealed that the government is still working to increase the addedvalue of mineral resources in the Morowali IndustrialEstate, the largest nickel pig iron facility with a total investment of 7.5billion USD. Currently, the total production of 4-5 million tonnes of stainlesssteel and carbon steel can be increased to 10 million tonnes./.

VNA

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