South Korean Origin Company Explores Investment in Central Java

July 09, 2019

Johan Tallo - 07/09/2019 - 20:55 WIB, Jakarta Central Java Governor Ganjar Pranowo said a number of investors from various sectors ranging from the footwear, electronics, textiles to food and beverage industries were interested in investing in Central Java. One of them he said, namely South Korea.

"Yesterday, the Korean ambassador, our ambassador in Korea, offered several investors who wanted to come to us," said Ganjar after attending a limited meeting with President Joko Widodo at the Bogor Presidential Palace, West Java, Tuesday (9/7).

Not only that according to Ganjar, Central Java is currently competing with the Southeast Asian country, Vietnam.

"Some who have entered are relatively at home with culture, with their respective performance, well, they see that Central Java is very sexy for them to invest," said Ganjar.

He explained the government needed to provide a number of incentives for investors to attract investment. According to him, one of them is tax holiday. According to Ganjar, investors hope the government will not complicate related to permits.

Previously, in this limit President Jokowi stated that Central Java had a great opportunity to encourage economic growth. Therefore, the central government wants to provide backups of assistance needed to accelerate economic growth in the province of Central Java. Especially he said in the industrial sector.

Jokowi stated that Central Java has potential in export-oriented industries and tourism. The former mayor of Solo said all ministers would provide support if needed.

"We expect economic growth in Central Java to be better and will encourage our national economic growth," Jokowi said.