Indonesia offers investment projects worth 10.8 bln USD

Indonesia has launched 47 sustainable investment projects worth 155.12 trillion rupiahs (about 10.8 billion U.S. dollars), Minster of Investment Bahlil Lahadalia said on Thursday.

The projects involved a number of sectors including those on development of tourism, economic area, industry and infrastructure, Lahadalia , who is also head of the Investment Coordinating Agency, told the Grand Launching of Sustainable Investment Projects in Jakarta.

"Today, we offer an investment concept with feasibility study, so that the 47 projects offered have been ready for follow up by investors," Lahadalia said.

The offered projects spread on the main islands in the country's 33 provinces, including nine in Java, 11 in Sumatra, six in Kalimantan, nine in Sulawesi, three in Bali and Nusa Tenggara, as well as nine in Maluku and Papua, he added.

The minister called on investors to be involved in the offered projects as he promised to give the best services in permit process and incentives.

According to him, Indonesia has a strategic position with the largest population in Southeast Asia, while the middle class income is getting better. ■