Indonesia Economic and Investment Outlook 2018

Maintaining last year’s successful dialogue event, EuroCham together with BKPM conducted the 2018 Indonesia Economic and Investment Outlook. Organized on Wednesday, 8 February 2018, at Nusantara Room, BKPM, the event was opened by EuroCham Chairman Mr. Ulf Backlund. It was followed by remarks from H.E. Vincent Guerend, Head of the EU Delegation in Jakarta. Keynote speech was given by Mrs. Farah Ratnadewi Indriani, Deputy Chairman of Investment Climate Development of BKPM.

In line with the panel discussion titled “Vital Aspects in Improving Investment Climate in Indonesia – Deregulation Packages and Human Capital Development”, Mr. Ulf Backlund addressed how the EU-Indonesia free trade negotiation (CEPA) could support the human capital development. The Ambassador also addressed the EU-Indonesia CEPA in his remarks and the positive progress of its negotiation. Complimenting Mr. Ambassador's remarks, Mrs. Farah Ratnadewi further revealed that the EU is fourth largest source of Foreign Investment in Indonesia.

The event resumed with panel session that brought top policymakers and experts in their respective sectors. Moderated by Mr. Timothy Marbun (KOMPAS TV Executive Producer), the session began with presentation by Mr. Leonard VH Tampubolon (Deputy Bappenas Minister for Economic Affairs), followed by Mr. Edy Putra Irawady (Special Staff to the Coordinating Minister for Economic Affairs). Other distinguished panelists were including Mr. Massimilano Cali (Senior Economist World Bank), and Ms. Ratna Dewi Antarina SF Amir (Board of Directors of Indonesia Services Dialogue).

As main highlight of the event, Mr. Thomas Lembong later joined the discussion in the dialogue session with the moderator. Mr. Lembong spoke about his optimism in 2018 and addressed some current issues, such as E-Commerce boom, bilateral investment treaty including the on-going IEU-CEPA, and also his focus on human capital development through improvement of institutions standards. He further addressed the quality of European investment which also comes with high technology, as well as commitment on workers training.

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