New Zealand Eyes More Investment in Indonesia

Franky Sibarani, Chairman of the Indonesia Investment Coordinating Board (BKPM) met with Indonesian Ambassador to New Zealand Joze Tavares in Auckland last Wednesday, May 4, 2016. The meeting was held to coordinate New Zealand’s plan to increase its investment in Indonesia.

“To attract more investment, the BKPM will [cooperate] with the Indonesian honorary consul in Auckland, which is also the President of the ASEAN Business Consul,” Franky said after the meeting.

Franky added that the BKPM will continue to coordinate with Indonesian representative in New Zealand to follow up potential investments.

Jose Tavarez welcomed the Indonesian government initiative to market possible investments in New Zealand.

“New Zealand has large potential related to the development of renewable energy, specifically geothermal [energy],” Tavares said.