Prabowo: Indonesia welcomes foreign investors, stresses rule of law for businesses


JAKARTA: Indonesian President Prabowo Subianto on Wednesday (June 10) rejected suggestions that his administration was driving away foreign investors, saying many international investors were still keen to invest in Indonesia.

He said the government remained committed to creating favourable conditions for businesses and entrepreneurs, including through the enforcement of the rule of law.

"Some people say that Prabowo does not like foreign investors and will drive them away. It turns out that is not the case. I have met many investors who are looking to come in," he said in his speech at the 18th National Congress of the Indonesian Young Entrepreneurs Association (HIPMI) in Lampung, on Wednesday.

Prabowo said entrepreneurs were key to a nation’s rise because they create jobs, and that the government had a responsibility to create conditions that enable businesses to grow.

"Part of creating those good conditions is that we must uphold the rule of law. If we do not uphold the law, what we will have is the law of the jungle, lawlessness. What will prevail is the rule of might," he said.

Prabowo also highlighted Indonesia's progress towards food and energy self-sufficiency, saying the country had achieved food self-sufficiency and was on track to strengthen its energy sector within three years, while continuing to pursue industrialisation through downstream processing of commodities. - Bernama

 

 

 

 

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