Investors Sweater "Runaway", Indonesia Preening, Vietnam Aggressive

JAKARTA, KOMPAS.com – The government is optimistic that the policy of selling the incentives offered under the 16th economic policy package is very attractive for attracting foreign investors. But the government understood that it would not be easy.

At present, the government sees a strong boost in the inflow of foreign investment as investors begin to heat up in China because of trade wars with the United States. But a number of other countries are also seeing the same thing.

"We must be realistic, other countries must have effort the same, they certainly offer more, "said the secretary of the Ministry of Economic Affairs Coordination, Susiwijono Moegiarso, in Jakarta on Thursday (29.11.2018).

He also called Vietnam among the countries that competed with Indonesia in its fight for the flight of Chinese investors.

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"Yes, in fact, we are quite interesting, there is competition with other countries, if it is with Vietnam, they are more aggressive," he said.

Vietnam said that he had the courage to open many areas of activity, so that the entry opportunities for foreign investors were getting bigger and bigger.

With regard to Indonesia, through the 16th Economic Policy Package, the government has introduced tax incentives in the form of tax holidays. With the new policy, investors can not even pay corporate income tax up to 20 years.

However, said Susiwijono, several countries have also proposed the same, even more senseless, namely a tax exemption of 15 to 30 years.

Economist Faisal Basri said that Vietnam was a country in which foreign investors were looking to invest.

The Vietnamese government said that the creation of toll roads for Vietnam-made products was marketed worldwide with a 0% import fee.

"If Indonesia receives normal import tariffs, because Vietnam dares to join the Trans-Pacific Partnership (TPP)." Vietnam dares to sign a free trade agreement with the European Union. This is a toll road, "he said at the seminar on Indonesian economic projections held in 2018 in Jakarta on Wednesday (28). / 11/2018).

"Although we are stuck, I think it is the most important but also the coherence of the policy, so it does not change often as in Indonesia.The DNI will not change before a week," he said. .