New Indonesian minister pledges to cut red tape, boost investment


Newly-appointed Investment Minister Bahlil Lahadalia (centre) delivers a speech after his inauguration ceremony in Jakarta on Wednesday, April 28, 2021.(Courtesy of BPMI Setpres/.)

JAKARTA (The Jakarta Post/ANN): Newly appointed Investment Minister Bahlil Lahadalia has pledged to boost investment and spread it out across the archipelago by cutting red tape and regulating big businesses as the government seeks to revive the economy.

Following his inauguration on Wednesday (April 28), Bahlil said that President Joko “Jokowi” Widodo had ordered the newly established ministry to, essentially, implement the Job Creation Law in attracting domestic and foreign investment.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Aseanplus News

Over 16,000 personnel mobilised for security, safety at Cambodia's Water Festival
Sri Lanka president eyes parliament win in snap election
Miss Universe 2024 unveils Philippines-made crown for 73rd pageant
Single-person households in Japan expected to top 40% in 27 prefectures in 2050; rise attributed to increase in unmarried people
Only half of Koreans believe marriage is essential: study
Indonesian president says he will safeguard sovereignty in South China Sea
Thai Transport Ministry to push for four mega projects this year
Residents in China’s Zhuhai city reel from deadly car rampage
New pact spurs joint drills
Police bust nine illegal bitcoin mining rigs

Others Also Read