Ben will invest US$100 million in Indonesian textile and other fields

According to Indonesia’s “Jakarta Post” report on May 28, the Indonesian Investment Coordinating Board (BKPM) recently conducted an investment market roadshow in Japan. BKPM Chairman Frankie said that during the roadshow, Japanese investors had pledged to invest US$1.7 billion in Indonesia, respectively for infrastructure (US$700 million), automobiles (US$600 million), steel (US$300 million) and textiles. (US$100 million) and other 4 fields, among which investment in the automobile and steel fields will soon enter the construction stage, and natural gas infrastructure investment is still in the feasibility study stage. Once the feasibility study is completed, BKPM will assist in the application for investment licenses. BKPM will ensure that all investment projects promised to the President and Vice President of Indonesia are implemented.