Indonesia calls for investment in maritime sector hinh anh 1A beach on Bali tourist island of Indonesia. Illustrative image (Photo: AFP)

Jakarta (VNA) – 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.

“From the maritime sector, we are ready to offer a number of projects worth 91.1 billion USD,” Deputy Coordinating Minister for Maritime Infrastructure Coordinating Affairs Ridwan Djamaluddin told at the National Seminar Infrastructure Towards Indonesia Going Forward 2024 held recently in Jakarta.

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

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

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

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

He went on to say the maritime sector is still the main agenda of the government with 10 development of tourism destinations and four priority destinations, as well as 14 industrial areas outside Java to be completed within that timeframe.

He further revealed that the government is still working to increase the added value of mineral resources in the Morowali Industrial Estate, the largest nickel pig iron facility with a total investment of 7.5 billion USD. Currently, the total production of 4-5 million tonnes of stainless steel and carbon steel can be increased to 10 million tonnes./.