Written by Daniel Nicholls, TCF Key Expert leading the EU Desk at the BKPM
On 17th October a Business and Political delegation from the German state of Bavaria visited BKPM for a briefing session on investment opportunities, with a focus on the aerospace and renewable energy sectors. The delegation was led by Bavaria’s Vice Minister for Economy, Media, Energy & Technology, Mr. Franz Josef Pschierer, and welcomed by BKPM’s Deputy Chairman for Investment Promotion, Pak Himawan Hariyoga. Following an introduction by Pak Himawan on Indonesia’s macroeconomic landscape and investment performance, the EU Desk’s Dan Nicholls presented insights on the investment opportunities and development programmes for Indonesia’s aerospace and renewable energy sectors. This was then followed by a presentation on Kertajati Aerospace Park in West Java, along with a lively Q&A session, with clarifications provided on topics ranging from Indonesia’s procurement provisions, to property ownership by foreigners.