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Although Covid-19 Pandemic, Investment in Batam Claimed to Stay on Positive Trend

The value of investment in Batam over the past 5 years is still on a positive trend, and although it is currently experiencing Covid-19 pandemic.

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When Head of BP Batam HM Rudi was a speaker in a web seminar (webinar) organized by Singapore Business Federation (SBF) and Singapore Committee of the Chamber of Commerce. 

TRIBUNBATAM.id, BATAM - The value of investment in Batam over the past 5 years is still on a positive trend, and although it is currently experiencing Covid-19 pandemic.

This was revealed by Head of Batam Business Entity (BP), Muhammad Rudi, when speaking at a web seminar (webinar).

Organized by Singapore Business Federation (SBF) and Singapore Committee of the Chamber of Commerce, yesterday.

Muhammad Rudi said that the number of PMA and PMDN companies that have Permits for Imported Producer Identification Number (API-P) and Regional Business Permits recorded at BP Batam is 1,309 companies with a total of 169,265 employees.

Head of BP Batam Muhammad Rudi added, out of the 10 countries with the most capital invested in Batam, Singapore still dominates in the first position with an investment value over the past 5 years of more than 1.2 million USD.

Followed by Hong Kong, Malaysia, Australia and France.

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"During this pandemic, we inform you that industries in Batam city did not experience lockdowns so activities are still running normally even though we implement and oversee the health protocol system in each company in Batam," Muhammad Rudi said as released by TRIBUNBATAM.id, Thursday (7/9/2020).

The Indonesian Ambassador to Singapore, I Gede Ngurah Swajaya, also participated as a speaker in the webinar.

In his presentation, Indonesian Ambassador to Singapore said Asia was a region that was targeted for increasing manufacturing productivity.

With the support of its human resources and natural resources, Indonesia contributes 40 percent of the market in Asia.

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Penulis: Putri Larasati Anggiawan
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