TSXV:BARU - Post Discussion
Post by
brodeur on Sep 02, 2024 11:21am
Baru.v - Indonesia opens up to the world
There's a lot of movement in Indonesia that will open the country for international business including mining. Should be very well received on not only permitting but additional processing before exporting. Does this mean they will provide grants and subsidies to do so?
https://asia.nikkei.com/Editor-s-Picks/Interview/Indonesian-minister-urges-investment-in-Jokowi-s-mineral-strategy
"President Joko "Jokowi" Widodo's administration has adopted a policy of promoting the development of domestic processing industries for nickel and other commodities rather than exporting the raw materials."
"The vice minister also said Indonesia is moving to ensure market openness for foreign investments -- it has applied to join the Organisation of Economic Co-operation and Development (OECD), which requires high standards for its members."
"After Jokowi's term ends in October, the next government will continue working for the 2045 goal, Mansury said. "It is already being discussed within the existing cabinet that we hope we will be able to continue on this path of being able to maintain and implement the vision."
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