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Indonesia Invites Malaysia to Invest in the Infrastructure Sector

by Sebastianus Epifany Friday, May 26, 2017 - 15:58

JAKARTA - Malaysia is the 7th country with the second largest investment in Indonesia after Singapore. Recorded from January to December 2016, Malaysia's investment in Indonesia reached USD 1,1 billion. Malaysia's interest in investing in Indonesia was greeted positively by the Indonesian government which is currently focusing on developing infrastructure.

Currently, Malaysian investment is mainly included in the construction sector, food industry, plantation and banking. Minister of Village, Underdeveloped regions (PDT) and Transmigration Eko Putro Sandjojo said the Government has brought together 20 Malaysian companies from the electricity sector, infrastructure, toll road and property and 40 companies including SOEs from Indonesia.

"My job is to identify and address issues that hamper investment in Indonesia. Then escort and ensure the smooth process of investment realisation and report the implementation of duties to the President," said Eko Putro Sandjojo as reported from (26/5/2017).

In the same place, State Owned Enterprises (BUMN) Minister Rini Soemarno said that in terms of infrastructure, Indonesia is left behind from other countries. Starting from hospital building to the needs of residence. According to Rini, this year they already prepare the concept of occupancy along the railroads and stations.

"Hong Kong is our role model. The concept is in the form of flats, this is to meet 1 million residential needs every year," said Rini.

Rini asserted, one of the concepts that can be emulated from the Malaysian state is the mass transportation public service. It's because until now Indonesia has not been able to meet the needs of mass transportation services.

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