Indonesia highlights three strategies to drive downstream investment
Jakarta, Sept. 5 -- Indonesia highlighted strategic planning, streamlined execution and competitive incentives as three core strategies to drive downstream investment and accelerate economic growth across the archipelago.
Deputy Minister of Investment and Downstreaming Todotua Pasaribu said in his statement, Friday, that attracting sustainable capital requires ensuring that incoming investment remains competitive while fostering technological advancement.
"When we talk about the role of the Investment and Downstreaming Ministry, we are talking about strategic planning-how to execute effectively, and also incentives," Todotua noted.
He emphasized that foreign and domestic capital must be directed toward production facilities, technology...
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