Muhammad Rudi, the Head of BP Batam and Mayor of Batam, emphasizes the need for communal effort to maintain a conducive investment environment in Batam, contributing significantly to the foreign investment realization in the Kepri province.
In the context of maintaining a robust investment climate, Batam stands out as a key contributor to Kepri’s foreign investment, necessitating a unified effort from all societal elements.
Batam’s contribution to Kepri’s investment realization reached a significant USD 160.16 million in Q3 2023, highlighting its central role in the region’s economy.
Security and comfort are crucial factors that investors consider before committing to an area, as emphasized by Muhammad Rudi in his appeal to support the city’s infrastructure development.
The central government places high hopes on Batam’s future development, given its strategic location on international trade routes.
Investment outside Java, particularly in Batam, is receiving increased attention from the government, with contributions exceeding Java’s during Q3 2023.
Muhammad Rudi highlights various factors contributing to Batam’s advancement, including significant changes made to realize the vision of a new city for all.
Muhammad Rudi’s call for unity in maintaining Batam’s investment climate is crucial for continued economic growth, directly impacting the economy and offering potential opportunities for Singaporeans and international visitors interested in investment and development.
Muhammad Rudi, Batam’s municipal leader, emphasizes the importance of a cohesive effort to sustain the city’s investment-friendly environment. Batam’s significant contribution to Kepri’s foreign investment and its strategic location make it a pivotal area for economic growth. The city’s ongoing infrastructure development and the government’s focus on increasing investment outside Java highlight Batam’s potential as a key economic player in the region.
Source: Batam News, BP Batam (2023)
