Inp.polri.go.id - Jakarta. Minister of Investment/Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said on Monday (18/9/2023) that the rights of residents in Rempang Island in Riau Islands are to be fulfilled in line with the continuation of the investment plans in the region .
He stressed the importance of handling the situation with compassion and effective communication to address the concerns of local residents.
The government's plan includes allocating 500 square meters of land per household and providing 45-square-meter houses valued at around Rp120 million each, along with a transitional allowance of Rp1.2 million per person until the homes are completed. The development is expected to take 6 to 7 months. Additionally, support for aquaculture and boats at sea will be distributed proportionally.
Rempang Island, spanning approximately 17,000 hectares, is set to undergo revitalization, encompassing industries, trade, housing, and tourism. Out of this, about 10,000 hectares are protected forest areas, leaving approximately 7,000 hectares available for use. The first phase of development is considering 2,000-2,500 hectares for industry.
Rempang Island has already attracted the world's largest glass company, Xinyi Group from China, with plans to invest approximately $11.5 billion USD (around Rp174 trillion) by 2080.
He underscored that attracting investment is crucial for job creation and economic growth, emphasizing that the world's largest Foreign Direct Investment (FDI) is currently going to neighboring countries. He warned of significant losses in terms of government revenue and the local economy if this potential investment opportunity is missed, antaranews.com reported.
"This investment amounts to over Rp300 trillion, with the first phase being Rp175 trillion. If this slips away, it means the potential for regional revenue (PAD) and job creation for our fellow citizens here will disappear," the concluded. (mg/inp/pr/nm)
