/2014/03/19/267285388p.jpg)
FOREIGN DIRECT INVESTMENT - JAKARTA. Indonesia is encouraged to increase the implementation of policy formulation based on research and science immediately. This effort is believed to be capable to attract long term and sustainable investment. Therefore, this matter becomes a great concern to coincide with the moment of presidency of the G20 and B20 in 2022.
“The research is very important. As a country, the Indonesian research results index is actually low since our research products is too small. This is a challenge for us,” said Sugeng Suparwoto, the Chairman of Commission VII of the House of Representatives (DPR) on Tuesday (26/4).
According to the data of the Indonesian Minister of Research and Technology, for 4 latest years, the total Indonesian research publication is of 161,928, lower than the Malaysian of 173,471 for the same period.
In fact, Sugeng said, the research is needed in many ways, included for determining regulations and policies. The goal is to encourage more investments that contain new knowledge and application of technology.
Read Also: Indonesia's Palm Oil Export Ban Seen Short-lived on Limited Storage
“Ideally, we offer the investment chance to international investors based on research data. The research is not just a library but it can also be in the form of exploration. It's the same as a research-based economy, to get a certainty, regarding reserves, and economy scale,” said the NasDem Party politician.
Indonesia owns a great potential to receive many benefits of policy implementation based on research and science, such as the realization of the long term economic ecosystem. The Ministry of National Development Planning (Bappenas) in 2021 emphasized the importance of this matter. The investment without research and science would be risky because it would cause sustainable issues. Evenmore, the serious thing is that matter would reach into the middle income trap.
Based on that fact, it is important for Indonesia to strengthen its policies based on research and science. Evenmore, the result has been observed. The reflection comes from some good investments that have been implemented. There is also some investments that are still commitments but its decisiona have been arranged based on research and science.
