Tender Procurements and Contract Opportunities Indonesia

Jakarta - Coordinating Minister Hatta Rajasa said it would offer incentives to investors to encourage economic growth within the reach of the state budget.

"Incentives will not be granted across the board, but it should really give impact on growth does not cause distortions in other parts and, within reach of the state budget," he said after attending a seminar on the 2010 Economic Outlook Ballroom Ritz carlton Hotel Jakarta, Tuesday.

According to him, incentives will not be given specifically to the investors and foreign investors and domestic, but to investors who have a significant impact on economic growth in Indonesia.

"For example, for investors who have a downstream industry for oil palm plantations, we will think of fiscal incentives and non-fiscal to consider the signs and did not cause the burden on our budget," he said.

Hatta hopes for long-term economic conditions could be better, especially according to BKPM several lists (list) investors who want to invest their capital.

"With this condition we are quite optimistic to reach the number Rp1.600 trillion in 2014," he said.

Hatta added with improving the performance of capital markets, investment growth for 2010 is expected to increase to 7.2 percent.

"For the 2009 growth projection of 3.7 percent of investment but the next year projected to reach 7.2 per cent," he said.

Therefore, the draft resolution or regulation in the economic field listed in the 100-day program become very important for the sustainability of the investment climate for the future.

"At least with the draft program and policy instruments that have reached 60 per cent will give effect to the investor because they can read these conditions to be more interested in investing in Indonesia," he added. (*) (AFP)