Technical Assistance II

On 3 November, Deputy Minister for Investment Promotion, Mr Nurul Ichwan, and the Team Leader of ARISE Plus Indonesia, Mr Alessandro Martinatto, presented progress on the Indonesia-EU Investment Attraction Plan to the EU Member States. The meeting took place at the EU Delegation in Jakarta.

This high-level initiative is a collaboration between the Ministry of Investment and ARISE+ Indonesia. The EU-focused Investment Attraction Plan for future-oriented projects in Indonesia aims to build synergies between the two economies by aligning the investment priorities of high-value, advanced sectors and cross-sectoral themes, including the green and circular economy, tech and digital.

The first phase of the Indonesia-EU Investment Attraction Plan involving Indonesia's supply-side assessment is now almost complete. It has involved over 30 consultations in sectors including Renewable Energy, Electronics & ICT, Healthcare & Pharmaceuticals, Automotive (EV focus), Transport & Logistics, and Agribusiness & Fisheries. Consultations focused on investors' views of key investable opportunities, business environment challenges and enhancement needs. Consultation insights, combined with data and literature reviews, will go into the Plan's first chapters.

The following steps will involve the assessment of requirements for an ecosystem for green and future-oriented FDI in Indonesia; considerations for establishing a carbon trading system; and finally, the demand-side assessment of European investor trends, drivers, requirements and the identification of investors.
It is expected that the Plan will be completed by the fourth quarter of next year.

The development of the Investment Attraction Plan is led by ARISE Plus Indonesia experts Dan Nicholls and Trio Wisudhanto.

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