Indonesia’s new leader promises to make life easier for investors

JAKARTA — Indonesia’s new President, Joko “Jokowi” Widodo, promised to make life simpler for investors by beefing up the country’s threadbare infrastructure, untangling near-impenetrable regulations and sacking his ministers if they aren’t up to the job.

“We need to get our economy growing. To do that we must have more investment and also deliver in terms of infrastructure,” Jokowi told Reuters in an interview on Saturday, given on the condition that it not be published until after he was officially named winner.

A lack of roads, ports, electricity and other basic services, along with corrupt bureaucracies, is beginning to disenchant foreign investors, essential for the resource-based economy to grow.

Read more at: http://jordantimes.com/indonesias-new-leader-promises-to-make-life-easier-for-investors

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