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The Future of Asia 2019

Indonesia plans new measures to lure overseas investment

Minister of Industry says country aims to become ASEAN's manufacturing hub

Indonesia's industry minister Airlangga told Nikkei's Future of Asia on May 30 that the country was discussing the creation of a "ASEAN 4.0" with Thailand and Singapore. (Photo by Yuki Nakao)

TOKYO -- Indonesia will put in place new incentives to attract foreign investment in a bid to turn the country into ASEAN's manufacturing hub, industry minister Airlangga Hartarto said at Nikkei's Future of Asia conference here on Thursday.

During President Joko Widodo's recently won second term, "I guarantee you that... [Widodo] will take strong and speedy measures to implement pro-investment as well as pro-business policies," Airlangga said.

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