HKI says investment in Indonesia can keep growing
Industrial estate operators say investors care more about permits, energy, zoning and infrastructure than daily currency swings.
Himpunan Kawasan Industri Indonesia said investment in Indonesia can still grow even as the rupiah weakens and financial markets turn volatile. HKI Chairman Akhmad Ma'ruf Maulana said pressure on the exchange rate and stock corrections should be viewed proportionally because they are part of the global economic cycle. HKI said economic resilience is not determined by daily moves in the rupiah or stock indexes, but by the ability to sustain investment, production and job creation. The group said Indonesia's fundamentals remain attractive for long-term investors because of its large domestic market, natural resources and downstream processing agenda. HKI also urged faster structural reform, especially simpler rules, permitting, coordination between central and regional policies, zoning certainty, energy supply and infrastructure quality.