The Deputy for Investment Cooperation at the Ministry of Investment/BKPM, Riyatno, emphasized that economic stability is a key factor attracting investors to Indonesia. In 2022, Indonesia ranked 18th globally and second in Southeast Asia, after Singapore, for foreign investment. Speaking at the "Investing in The Future: How Regional Governments Can Attract Foreign Direct Investment" session during the BNI Investor Daily Summit 2024, held at the Jakarta Convention Center on October 9, 2024, Riyatno highlighted that despite global uncertainties such as geopolitical tensions, commodity price volatility, and climate change, Indonesia’s economy remains strong with stable growth above 5%. Riyatno also outlined the government's strategies to achieve these results, including simplifying business licensing processes through the enactment of the Job Creation Law, which has facilitated international cooperation.
The government is further accelerating the Comprehensive Economic Partnership Agreement (CEPA) with the European Union and Canada, ensuring stronger protection for foreign investors. Emil Elestianto Dardak, Vice Governor of East Java, pointed out that each region in Indonesia has its own investment potential, despite infrastructural challenges in certain areas like Trenggalek. In the same discussion, BNI's Director of Enterprise and Commercial Banking, I Made Sukajaya, added that large-scale investments in East Java create financing opportunities, fostering a healthy banking sector. The BNI Investor Daily Summit 2024, with the theme "Accelerating Resilient Growth," featured 50 speakers discussing key issues, such as industrial downstreaming, regulatory reforms, and economic expansion, in an effort to tackle national and global economic challenges.
