Head of Investment Coordinating Board (BKPM) Gita Wirjawan welcomed China's textile companies that will relocate its factory to Indonesia in a large scale.
According to him, this is good news, but this investment will be in contact with the government, not just with investors as it related to special economic zone.
"Currently, the government is designing a special economic zone (KEK) in some areas. We can not determine the area, but we must respond to this either," said Gita, in Jakarta, Wednesday (14 April 2010).
Gita said yesterday, the Indonesian government, represented by the Gita and the United States (U.S.) signatories conduct Investment Support Agreement-Overseas Private Investment Corporation (OPIC-ISA).
With the signing of this, he added, will create certainty to U.S. investors who will invest in Indonesia. "This has been discussed in the next five to six years ago, and just signed yesterday" he explained.
OPIC was established to mobilize and facilitate U.S. investment in developing countries. OPIC provides support in the form of insurance or reinsurance.
Agency will ensure U.S. companies from risks such as political turmoil or the freezing of capital exchange that has been ingrained into the exchange asing.OPIC also provide financing through loan guarantees or direct loans.
"The signing of this cooperation can further encourage direct investment or foreign direct investment (FDI) to Indonesia. Business opportunities in Indonesia is still very wide. The domestic market is so huge and the potential result of nature or a large energy is always interesting to make Indonesia an investment area "he said.
