INDUSTRY.co.id - Jakarta - Singapore investors will be persuaded to spread capital to various regions. Because this neighbor country is still the largest source of Foreign Investment (PMA) in Indonesia which is still focusing its investment in certain areas. The magnet to persuade Singaporean investors is the Industrial Area of ​​Kendal (KIK).

The Indonesian Ambassador to Singapore Ngurah Swadaya said he would invite Singaporean investors to invest in Kendal Industrial Zone and three Special Economic Zones (KEK) of tourism, KEK Danau Toba, Borobudur KEK, and KEK Mandalika. According to Ngurah, Kendal Industrial Area which was inaugurated by Singapore Prime Minister Lee Hsien Loong and President Joko Widodo last year will be increasingly heavily promoted as a labor-intensive business place that requires a lot of manpower.

"The Singapore problem is a limited land, so Kendal is a labor-intensive industrial area that provides a lot of land and labor," Ngurah told INDUSTRY.co.id on the sidelines of the launch of "Indonesia Investment Week Singapore" Chapter 2017 at Kemendagri Building, Jakarta, Tuesday (14/3/2017).

besides Kendal, Ngurah said, there are three tourism sectors that ogled Singapore investors, namely KEK Lake Toba, KEK Borobudur, and KEK Mandalika.

"The need is to provide a cruise ship port If we have a good yacht harbor, there will be many tourists from Singapore who stop by," he said.

With the implementation of Indonesia Investment Week in Singapore in July, Ngurah sure the local government can promote investors seduce from various countries.

"It's not just Singapore investors, but there are 7 thousand foreign companies registered in Germany, from Germany 1,500, the Netherlands 1,300, so the investment is not only Singaporean businessmen but also the world's companies," he said.

Ngurah said the total investment from Singapore from 2011-2016 reached US $ 35.6 billion. Of the total value of the investment is only spread to 5 provinces.

"Most of the US $ 10.64 billion in Jakarta will be allocated to 3,236 projects, then South Sumatra will be US $ 3.85 billion in 253 projects, the third is Banten US $ 3.05 billion in 745 projects, West Java US $ 2, 09 billion in 1,188 projects and Central Kalimantan US $ 1.9 billion in 412 projects, "he said.

Ngurah also noted, in the last five years the value of investment from Singapore continues to increase. The biggest increase occurred in 2016, which rose 55% to US $ 10 billion.

Ngurah also mentioned other areas that are potential to attract Singapore investors are Batam, Bintan and Karimun. Because the three areas are very close to Singapore.

"They also see the outside area, the eastern region especially Makassar," he added.