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Home Indonesia

Jokowi: Infrastructure fuels Indonesia’s global investment power

WNAM: by WNAM:
December 5, 2023
in Indonesia
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Jokowi: Infrastructure fuels Indonesia’s global investment power
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Jakarta : President Joko Widodo (Jokowi) said on Monday that infrastructure can boost Indonesia’s bargaining power in drawing investment at the global level.

“Some 17,000 islands that form Indonesia, as a big country, need connecting infrastructure, be it in the form of roads, ports, and airports. All of them are essential,” he remarked at the 78th Public Infrastructure Service Day Commemoration at the State Palace in Jakarta on Monday.

In his speech, Jokowi argued that developing national infrastructure would improve the efficiency of logistics costs, thereby attracting foreign investment.

“Why are we prioritizing infrastructure? The first reason is related to the efficiency of logistics costs. This is crucial to compete with other countries. The efficiency of logistics costs is important,” he remarked.

He noted that the government has built various types of infrastructure, including those connecting regions as well as those facilitating the provision of services to the people.

“Investors would not come if we had bad infrastructure. They would find it difficult to visit an island if there were no airports, seaports, and roads,” he pointed out.

Jokowi also expressed belief that the development of infrastructure could unite the Indonesian nation while driving the emergence of new economic spots.

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