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Vietnam is Indonesia’s competitor in foreign investment attraction: Minister

Vietnam and Bangladesh are considered the most potential competitors of Indonesia in attracting foreign investment after COVID-19, according to Indonesian Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono.
Vietnam is Indonesia’s competitor in foreign investment attraction: Minister ảnh 1Vietnamese workers (Photo: VNA)

Jakarta (VNA) – Vietnam and Bangladeshare considered the most potential competitors of Indonesia in attractingforeign investment after COVID-19, according to Indonesian Minister of PublicWorks and Public Housing (PUPR) Basuki Hadimuljono.

To welcome the wave of foreign investmentshifting from China, Indonesia has prepared land areas to draw investors, hesaid.

The minister added that President Joko Widodohas repeatedly expressed concern about Indonesia’s weaker attraction of foreigninvestment than neighbouring countries.

Therefore, Indonesian government agencies havequickly adjusted a number of policies to create the optimal conditions for overseasinvestors to operate in the Southeast Asian country.

The government has pushed the policy of buildingindustrial parks to welcome US and Japanese investors.

Indonesia is now home to 103 active industrialparks covering 55,000 hectares./.



VNA
#COVID-19 #potential competitors #foreign investment attraction #Indonesian Minister of Public Works and Public Housing (PUPR) Basuki Hadimuljono #China #President Joko Widodo #Vietnamplus #Vietnam News Agency Indonesia Vietnam
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