ENGLISH ARTICLE 2

INDONESIA a HOT SPOT for JAPAN'S INVESTORS

    Indonesia is gaining popularity as an investment destination among the Japanese, according to a recent survey by the Japan Bank for International Cooperation.

    The survey, based on responses from 145 companies and published in December, ranked Indonesia as the equal fifth favorite investment destination in 2011, up from sixth in 2010.

    Amalia Adininggar Widyasanti, the director of trade and investment at Indonesia's National Development Planning Agency (Bappenas), said more Japanese investors are expressing an interest in Indonesia's manufacturing sector, banking of the nation's rising per capita income and solid economic growth.

    "They now see Indonesia as an destination with much potential," she said.

    "While other countries have seen their credit ratings fall, our rating has been stable or has even increased. That's why investors have kept coming.

    She said investors have also expressed interest in construction projects for Indonesian manufacturing facilities, but declined to name any spesific investors.

    Also grabbing their attention is the government's Master Plan for the Acceleration and Expansion of Indonesia's Economic Development (MP3EI), she said. The MP3EI is an substantial six-corridor strategy for the period up to 2015 intended to speed up infrastructure development

    In the JBIC survey, the top investment destination was China, followed by India, Thailand and Vietnam, with Brazil tied with Indonesia and Russia ranked next.

    " Indonesia and Brazil particularly have gathered more votes from companies with concrete business plans and it is expected that more Japanese companies will actively enter these countries for the coming years, " it said.

    Last saturday, a survey released by the Asean Business Advisory Council also ranked Indonesia as one of the top investment destination.

The survey questioned 405 business people and industry leaders in the region.

Comments :

Lately, the economic growth of Indonesia has significant progress.  There are 56.5%  of middle class appears from 237 million people in Indonesia who make Indonesia's per capita income rises. Economic stability is also being good, it doesn’t influence from the global monetary crisis of the world. Even, we still good economic stability, we  have to be careful too, The Economics say and forecast, that although the middle class give big influence for economy stability, they would get bancrupt soon if they spend their money without any plan for fulfill their needs first. The middle class must be careful for using / managing their money. Don’t drool for using credit cards easily. It is one of the causes of the destruction of the middle class economy.

Source : Jakarta Globe, Friday, April 13 2012

Name   : Tisa Novita Sari

Npm    : 25209641

Class    : 3EB 06