The Indonesian Chamber of Commerce and Industry (Kadin) successfully held the B20 Investment Forum event at the Bali Nusa Dua Convention Center (BNDCC) I, Bali, on Friday (11/11/2022). For information, the B20 Investment Forum is a series of B20 Summit side events. The main focus of the forum is to encourage global economic recovery after the Covid-19 pandemic. Indonesia, which is hosting the B20 Investment Forum, is expected to become a link with global investors to invest domestically, as emerging developing countries, at the global level. There are three main activities in the B20 Investment Forum, namely the Investment Forum, the signing of a Memorandum of Understanding (MoU), and the B2B Business Matchmaking Meeting. The B20 Investment Forum is also a platform for public dialogue between ministries, business actors and other stakeholders in discussing investment priorities needed to encourage development and accelerate development, as well as global economic recovery.
The high interest of investors from various countries to invest in Indonesia cannot be separated from the strategic step of aligning the B20 priority agenda which was followed up by the Indonesian Chamber of Commerce and Industry. This step was taken by inviting investors who did not only come from participating countries in the G20 forum, but also other countries, such as Singapore and Saudi Arabia. Kadin Indonesia through the B20 Investment Forum has successfully explored investment opportunities with 18 companies from 11 countries by signing an MoU worth IDR 75 trillion. The investment opportunities that have been explored by KADIN Indonesia are carried out in a series of B20 roadshows to various countries throughout 2022, including the United States, Canada, Belgium, Germany, the Netherlands, China, Singapore, Turkey, Korea, Japan, Australia, India, and France. Chairman of the Indonesian Chamber of Commerce and Industry, Arsjad Rasjid said that many countries investing in Indonesia could not be separated from the role of the government assisted by the private sector to continue to carry out bureaucratic and structural reforms to facilitate investment for investors. At present, what is of concern to business actors and investors is regulations that provide convenience. "Through the Job Creation Law (UU), the government encourages investors to invest in sectors that support the energy transition and reduce carbon emissions as well as regulations that can guarantee incentives and convenience for the industry," Arsjad explained in a written statement, Monday (14/ 11/2022). Arsjad also said that the Indonesian Chamber of Commerce and Industry continues to encourage investment through the entire series of B20 events to strengthen Indonesia in facing future economic challenges. In addition, he assessed that investment in Indonesia must continue to be increased to build and strengthen the domestic market amidst the threat of a recession and the global crisis which is predicted to heat up next year.
