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Kamis, 22 Mei 2025

Handbook on International Treaty Compliance to Strengthen Investment Governance

Jakarta, May 22, 2025–The Ministry of Investment and Downstream Industry/Indonesia Investment Coordinating Board (BKPM), in collaboration with the Asia-Pacific Economic Cooperation (APEC), Australia's Department of Foreign Affairs and Trade (DFAT), and the National University of Singapore, hosted the Cross-Government Framing Workshop: Handbook on Obligations in International Investment Treaties for Indonesia in Jakarta (22/5).

Attended by multiple ministries and government agencies, the workshop aimed to enhance officials' understanding of Indonesia's rights and obligations under various bilateral and regional investment treaties, which seek to bridge policy and implementation for an accountable investment climate.


Deputy Minister for Investment Cooperation at Ministry of Investment and Downstream Industry/BKPM Tirta Nugraha Mursitama emphasized that the handbook is crucial for policymakers to align decisions with treaty obligations and mitigate potential disputes.


"This handbook will be an essential tool for government officials to uphold Indonesia's commitments to partner nations and foreign investors," said Tirta. "Ultimately, it will help create a stable and sustainable investment ecosystem to advance our economic development goals."


The handbook project will comprehensively review Indonesia's investment agreements, assessing domestic regulations and past disputes. The final output will provide actionable guidance for officials navigating investment dynamics.


Australia's DFAT-backed involvement underscores both nations' commitment to deepening economic collaboration. Minister Counsellor for Economic, Investment, and Infrastructure at the Australian Embassy Jonathan Gilbert highlighted the need for cross-sector and cross border cooperation.


"As we know, investment thrives on shared efforts and a predictable environment. This initiative isn't just about fostering robust economic ties between Indonesia and Australia but also all across APEC," Gilbert noted.


The workshop was a starting point for inter-ministry coordination, ensuring Indonesia's international obligations are managed cohesively. The Ministry encouraged active participation, welcoming constructive input to shape a handbook reflecting Indonesia's vision for a competitive, sustainable investment ecosystem. This collective effort reinforces Indonesia's dedication to national development through transparent and accountable investment governance.(*)


For further inquiries, contact:

Protocol and Public Relations Bureau

Ministry of Investment and Downstream Industry/BKPM

Email: humas@bkpm.go.id

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