Japan expected return to RI as main investment destination

Osaka (Antara News) - The Indonesian government hopes Japanese businessmen and and their government would again make Indonesia their overseas priority investment destination following a plan to sign Economic Partnership Agreements later this month, a senior diplomat said.

"In the past few years, their priority to invest to Indonesia has reduced because there are more potential competitors," Jusuf Anwar, Indonesian ambassador to Japan, said after a briefing to Japanese businessmen here Thursday.

According to him, Japanese investors are interested in such countries as Vietnam, China, Russia and India.

He also said that Japanese businessmen actually wished to return to Indonesia but instead they turn to other countries offering attractive incentives.

Therefore, the former minister of finance, said Indonesia must be serious to improve its investment climate to attract Japanese investors.

The businessmen are waiting for the law on investment and want to see tax packages and customs facilities the Indonesian government would provide to them and to other businessmen.

Jusuf said that Indonesia should look at the regulations and facilities provided by Singapore, India and Vietnam, for comparison.(*)
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