The Indonesian government expresses confidence in the sustained interest of investors despite the ongoing political dynamics and the upcoming presidential election in 2024. Susiwijono Moegiarso, the Secretary of the Coordinating Ministry for Economic Affairs, acknowledges that investors typically adopt a "wait and see" approach during democratic events. However, he affirms that post-election, these investors intend to actualize their investments and seek fiscal incentives. During the democratic process, investors often express a cautious stance, but they do not halt their plans. Instead, they engage with the government, particularly the Coordinating Ministry for Economic Affairs, seeking explanations on fiscal incentive schemes. Susi stated that investors have already prepared various feasibility studies and discussions regarding fiscal incentives, some of which have already been processed by the government.

The government is confident in pursuing its ambitious investment target of IDR 1,650 trillion, demonstrating optimism despite the higher goal compared to last year's realization of IDR 1,418.9 trillion. Susi emphasizes that the government is actively engaging with investors, and the momentum is picking up, aligning with the relatively settled post-election environment. In conclusion, the government remains optimistic about attracting significant investments, evident in ongoing discussions and the processing of fiscal incentive documents, indicating a positive trajectory for Indonesia's investment landscape.

Source: https://amp.kontan.co.id/news/pemerintah-klaim-investor-makin-gencar-investasi-di-indonesia