According to Indonesia’s Investment Coordinating Board (BKPM) the investment options in the maritime sector has reached EUR 1.1 trillion now and is still rising. This great potential is in line with the country’s ambitious vision to become an axis of the maritime world.
Hanung Harimba Rachman, the Director of Agribusiness Investment Planning and Natural Resources of BKPM, stated on Tuesday (Sept 6, 2016), that the economic potential for the maritime sector, based on the National Medium Term Development Plan (RPJMN), is approximately EUR 1.1 trillion with further growth to be expected. Investment options in the maritime industry are to be found in fields ranging from logistics, oil and gas in the deep ocean over fish processing to shipbuilding and tourism.
With Indonesia heading towards a new phase of industrialization, investments, especially from countries with a strong industry and great technological power, fit well with the countries objectives to further develop its maritime technology base, Hanung underscored. Executive Director of the Indonesian Council on World Affairs (ICWA), Ibrahim Yusuf, added that Indonesia wants to develop as a maritime country with great potential and therefore is looking to increase investments from abroad.