The Ministry of Industry (Kemenperin) will ensure convenience for potential new Chinese investors investing in Indonesia. The Secretary General of the Ministry of Industry stated that the convenience measures provided by the government include tax reductions in the form of tax holidays, tax allowances, and additional tax deductions. He conveyed this information at the "Indonesia-China Trade and Industrial Cooperation Meeting" held recently at the Ministry of Industry building in Jakarta. He stated that the government provides convenience for potential investors to operate businesses in Indonesia and offers necessary incentives in the form of fiscal and non-fiscal incentives. The government will also remove barriers to make investment and business activities easier. By 2023, the Ministry of Industry has trained 38,387 industrial workers through industrial human resources training programs and the provision of industrial vocational education, to improve the quality and quantity of industrial human resources. Therefore, the Chinese delegation's attendance at this event aligns with the government's wishes. He hopes that representatives from China and Indonesia can use this event to establish cooperation and investment networks for the industrial development of both countries.
China is Indonesia's second-largest source of investment. The bilateral trade volume in imports and exports between the two countries over the past two decades reached 127.8 billion US dollars by 2023, with a positive growth of 19% from 2019 to 2023. In addition, Chinese investment reached 28.4 billion US dollars from 2019 to 2023, of which manufacturing investment accounted for the largest proportion of investment in Indonesia, reaching 54%, or 15.4 billion US dollars. Indonesia and China are both large countries with vast territories, large populations, and long histories. Since the restoration of diplomatic relations in 1990, economic and trade cooperation between Indonesia and China has achieved comprehensive development.
The Ministry of Industry (Kemenperin) will ensure convenience for potential new Chinese investors investing in Indonesia. The Secretary General of the Ministry of Industry stated that the convenience measures provided by the government include tax reductions in the form of tax holidays, tax allowances, and additional tax deductions. He conveyed this information at the "Indonesia-China Trade and Industrial Cooperation Meeting" held recently at the Ministry of Industry building in Jakarta. He stated that the government provides convenience for potential investors to operate businesses in Indonesia and offers necessary incentives in the form of fiscal and non-fiscal incentives. The government will also remove barriers to make investment and business activities easier. By 2023, the Ministry of Industry has trained 38,387 industrial workers through industrial human resources training programs and the provision of industrial vocational education, to improve the quality and quantity of industrial human resources. Therefore, the Chinese delegation's attendance at this event aligns with the government's wishes. He hopes that representatives from China and Indonesia can use this event to establish cooperation and investment networks for the industrial development of both countries.
China is Indonesia's second-largest source of investment. The bilateral trade volume in imports and exports between the two countries over the past two decades reached 127.8 billion US dollars by 2023, with a positive growth of 19% from 2019 to 2023. In addition, Chinese investment reached 28.4 billion US dollars from 2019 to 2023, of which manufacturing investment accounted for the largest proportion of investment in Indonesia, reaching 54%, or 15.4 billion US dollars. Indonesia and China are both large countries with vast territories, large populations, and long histories. Since the restoration of diplomatic relations in 1990, economic and trade cooperation between Indonesia and China has achieved comprehensive development.
