The Ministry of Maritime Affairs and Investment Planning of Indonesia: Central Java Province has the potential to become a place for lithium battery investment

The Ministry of Maritime Affairs and Investment Coordination of Indonesia stated that Central Java Province has the potential to become an investment place for lithium batteries. Septian Hario Seto, deputy manager of the Investment and Mining Coordination Department of the Indonesian Maritime and Investment Coordination Department, made the above remarks when attending a coordination meeting in Semarang to accelerate the flow of investment into Central Java and improve the convenience of business in China. He said in a written statement in Jakarta: 'I see opportunities that can be used well. Central Java Province has huge potential to become an investment place for lithium batteries. In terms of investment, I observe that Central Java Province can become one of the strategies of the pharmaceutical industry. Sexual industrial zone.” He explained that the outbreak of the new crown virus pandemic has reduced the level of investment in Indonesia. According to data from the Investment Coordination Agency (BKPM), the amount of investment in the second quarter of this year fell by 8.9% from the first quarter of this year. In fact, investment is an important factor in restoring the increase in gross domestic processing value and promoting the rise of Indonesia's Industry 4.0. At the same time, Ferry Akbar, deputy manager of accelerated investment strategy and policy, claimed that Indonesia ranked 73rd in EoDB in 190 countries around the world in 2020. 'The important issue for investment in our country is complicated regulations and management systems. Compared with Southeastern countries, our country's ease of doing business is still at a low level, ranking 73rd. In the future, the government must provide fiscal stimulus measures and optimize the use of online single systems (OSS). , Transfer most of the power to issue licenses and grant investment coordinating agencies from institutions/locations. We must also strengthen the cooperation established between the central government and local governments,' he explained. At the same time, Haryo Yudho, the deregulation manager of Indonesia's investment coordinating agency, claimed that the investment in the first half of this year reached 402.6 trillion rupiah, accounting for 49.3% of the actual investment target of 817.2 trillion rupiah this year. According to the region, Central Java Province is ranked fourth, which means there is still potential for development. He commented that in order to accelerate the flow of investment, several other industrial zones must be developed in Central Java Province, such as Batang Industrial Zone, Rembang Industrial Zone, Demak Industrial Zone, and Belipit ( Brebes Industrial Zone, Kebumen Industrial Zone, Cilacap Industrial Zone, and Kendal Industrial Zone. In addition, Ratna Kawuri, director of the Central Java Province Investment and One-Stop Integrated Service Unit (DPMPTSP) Bureau, said that business convenience starts with the choice of designated investment locations, which usually brings various problems. 'Investors want to invest in a specific location, but they do not meet the license requirements or have already met the license requirements, but they will be rejected by the society. It is not easy to improve the convenience of doing business,' she said. However, through the industrial zone, the construction of business locations will tend to be easier, because the infrastructure in the industrial zone is sufficient and can meet various needs, therefore, the development of the industrial zone has become a very important matter to achieve. Disclaimer: Some pictures and content of articles published on this site are from the Internet, please contact to delete if there is any infringement.