Jakarta, The Indonesia Post – The Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia highlighted the uneven distribution of FDI (foreign direct investment) distribution among ASEAN countries, although based on the UNCTAD report, the rate of FDI has returned to what it was before the pandemic.
This was conveyed by Bahlil while attending the 25th Session of the ASEAN Investment Area Council (AIA Council) in Siem Reap, Cambodia, Wednesday, which aims to respond to the 2022 ASEAN Investment Report compiled and published by UNCTAD (United Nations Conference on Trade and Development) regarding FDI and investment facilitation.
“Because of that, I think that we, the countries that are members of ASEAN, have started to think about giving each other a good opportunity to appreciate their comparative advantages, which in the end will become part of the agenda in the context of equitable investment,” he said. in an official statement in Jakarta, Wednesday.
In the forum, Bahlil also proposed promoting investment with ASEAN countries by approaching each other’s comparative advantages.
According to him, the main key is to lay down the basic values as initiated by the founders of ASEAN.
“Because when equity does not occur, I think that our presence as members of ASEAN cannot be realized together from what the founders of ASEAN aspired to. We don’t want only one particular country to feel the maximum results from our presence in ASEAN, while others don’t. Because the symbol of ASEAN rice is growing together, working together, and having a shared share in order to realize prosperity,” said Bahlil.
The ASEAN Investment Area Council (AIA Council) meeting is part of a series of the 54th ASEAN Economic Ministers (AEM) Meeting which this time was held in Cambodia, which will hold the ASEAN Chair in 2022.
The series of meetings will be held on 11-18 September 2022 and include meetings at the economic ministerial level of ASEAN countries as well as with partner countries. The ASEAN Heads of State summit is also scheduled to be held in Cambodia in November 2022. (mhn/bbs)