The Ministry of Investment / Investment Coordinating Board (BKPM) targets the value of direct investment in Indonesia in 2022 to reach IDR 1,200 trillion. Investment Minister / Head of BKPM Bahlil Lahadalia said the investment target was for Indonesia to achieve economic growth of above 5 percent in 2022. He said this target would be achieved if the Covid-19 pandemic was under control. "Don't let the active cases per day exceed 1,000, as was the case with the last delta variant," Bahlil said in Nusa Dua, Bali, Monday (20/12). Meanwhile, the BKPM's strategy to pursue the 2022 investment target of 40 percent will be encouraged to commodity downstream sector investment. According to Bahlil, investment in the downstream sector has a different growth effect from investment in the infrastructure sector. For this reason, his party will continue to encourage the downstream of commodities such as nickel, bauxite, and also tin.
In addition to encouraging the downstream, BKPM also directs investment in environmentally friendly industries. This is a manifestation of the government's commitment to supporting the creation of an environmentally friendly and competitive industry in the global arena. "We will also continue to encourage the green industry," said Bahlil. To encourage the environmentally friendly industry, Bahlil said, the government is even looking for investors to take advantage of the potential of the river as a location for the construction of hydroelectric power plants (PLTA). For example, utilizing the Mamberamo River, Papua, which has the potential to produce electrical energy of up to 23,000 megawatts (MW). BKPM will also look for investors who will enter Papua. “There have been several in. So my dream is to build the largest industrial area where electricity is taken from there,” Bahlil added.
