Jakarta, Sept. 30 -- Investment and Downstreaming Minister Rosan Roeslani has set a target for investment from European Union countries to grow by 20 percent annually following the signing of the Indonesia-European Union Comprehensive Economic Partnership Agreement (IEU-CEPA).

He said investment growth had averaged around 15 percent a year between 2020 and 2025, with a total value of about US$14.5 billion.

"Because the figure is still relatively small, we hope growth can rise to 18-20 percent per year," Rosan told a press conference at the launch of the EU Investment Desk here on Tuesday.

The ministry is now awaiting the agreement's ratification so that it can take effect. "We continue to push for ratification so the IEU-CEPA can be im...