Jakarta: President Prabowo Subianto has firmly rejected claims that his administration is unfriendly toward foreign investors, emphasizing that Indonesia remains open to global capital and is witnessing strong investment interest across multiple sectors.Speaking at the 18th National Conference of the Indonesian Young Entrepreneurs Association (HIPMI) in Bandar Lampung on Wednesday, Prabowo dismissed speculation surrounding his government’s investment stance.“Some say I dislike foreign investors and will drive them away, but that is not true.
I have met many investors who are planning to enter Indonesia,” he stated.The president highlighted that his administration maintains active engagement with international business leaders and continues to attract significant foreign investment interest. However, he underscored that all investors must adhere strictly to Indonesia’s laws and regulatory framework.Prabowo also stressed the importance of strong law enforcement in ensuring a fair and transparent business environment. He noted that certain domestic actors exploit legal loopholes for personal gain, warning that authorities will take firm action against such practices.
While reaffirming Indonesia’s commitment to welcoming foreign partnerships, the president emphasized that safeguarding national interests remains a top priority. He added that the country will continue to foster constructive relations with nations around the world.To further boost investment, the government has established the Strategic Program Acceleration Task Force (P2SP), aimed at resolving bottlenecks faced by both domestic and foreign investors.
The task force focuses on streamlining licensing processes, addressing regulatory challenges, and improving coordination among government agencies.Finance Minister Purbaya Yudhi Sadewa revealed in May that the initiative could accelerate more than $30 billion worth of investment projects currently delayed due to administrative and licensing hurdles.The move signals Indonesia’s determination to enhance its investment climate and unlock stalled economic opportunities
