To do so, he said that his office and the government will immediately prepare special incentives to lure foreign investors.
Indonesia will build an industrial area in Madiun, East Java in addition to another location in West Java, he said.
BKPM data shows the realization of investment in the first quarter of 2020 stood at 210.7 trillion rupiahs, up eight percent year on year from 193.9 trillion in the same period of 2019. The foreign investment (PMA) from January to March 2020 reached 98 trillion rupiahs, dipping seven percent on an annual basis where from January to March 2019 recorded 107.9 trillion rupiahs.
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