Kadin urges disaster resilience, policy certainty to spur investment
According to the business chamber, only around one-third of businesses planned to invest in the near future, while others are taking a wait-and-see approach.
Indonesian Chamber of Commerce and Industry Chairman Anindya Bakrie has called for enhanced early warning systems and disaster resilience measures to encourage investment, as only a third of businesses anticipate investing in the near future. A recent report by Kadin revealed that nearly 58 percent of surveyed businesses have been impacted by natural disasters and environmental disruptions, with real estate, construction, and agriculture sectors suffering the most.
Environmental disruptions have dampened property demand and weakened business investment sentiment. Bakrie urged the government to enforce environmental regulations to provide business certainty and prevent recurring fires. He also emphasized the importance of maintaining strong regional trade and investment ties with Malaysia and Singapore, despite challenges posed by disasters.
Written by urgent.news from The Jakarta Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
