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Indonesia Investment Authority Could Create 36,000 Jobs: Official

The newly-established Indonesia Investment Authority (INA) could create new jobs in the country.

INA’s supervisory board member Darwin Cyril Noerhadi said that Indonesia needs investment to keep the wheels of the economy turning.

Darwin said if the economy continues to grow, more jobs will be created.

“Article 10 of Job Law mentions that the SWF [sovereign wealth fund] could create jobs,” Darwin said during a webinar on Thursday, February 25.

Darwin added based on data, Indonesia needs an investment of $2 billion. The funds would be allocated to several national strategic projects, which could open job opportunities.

Source: https://money.kompas.com/read/2021/02/25/182854726/lpi-diklaim-mampu-serap-36000-tenaga-kerja-di-ri.