Kadin Suggests Strategies to Boost Investment in Fisheries Sector

Jakarta (Antara) - The Indonesian Chamber of Commerce and Industry (Kadin) has suggested some investment strategies to help develop the fisheries sector in the Eastern regions of the country. "It requires large investments to develop the fisheries sector in Eastern Indonesia. So the Indonesian government needs to provide incentives to investors," the Deputy Head of the Maritime and Fisheries Department of Kadin, Yugi Prayanto, said here on Tuesday. Prayanto explained that investors could be encouraged by being provided with tax and loan rate incentives, and by deregulating the process of issuing business permits. Kadin believes that such incentives will be beneficial to both the investors and the regional economy. By offering various beneficial incentives, the government should strive to accelerate the development of infrastructure, particularly that of an effective transportation system. This would better connect the production areas in the east with the markets in the west through ports in major locations. "We also need fast transportation services, such as the air cargo carriers introduced by the Minister of Maritime Affairs and Fisheries, Susi Pudjiastuti, to boost the lobster export business," the deputy head explained. (*)