Denis Chaibi, the European Union Ambassador to Indonesia and Brunei Darussalam, has highlighted significant hurdles facing European investors in Indonesia, primarily focusing on regulatory uncertainty and insufficient coordination among government ministries. These factors, according to Chaibi, pose challenges in creating a conducive environment for investment.
Chaibi emphasized the importance of enhancing regulatory predictability and improving inter-ministry coordination to bolster investor confidence. This is particularly crucial as Indonesia and the EU gear up to implement their comprehensive economic partnership agreement, which has been eagerly anticipated.
The upcoming agreement between Indonesia and the European Union is expected to pave the way for increased trade and investment opportunities. However, Chaibi underscored that addressing the existing regulatory challenges is essential to attract and maintain European investment in Indonesia.
As both parties prepare for the new economic partnership, the focus remains on creating a stable and predictable investment climate. This would not only benefit European investors but also contribute significantly to the economic growth and collaboration between Indonesia and the EU.