A senior Indonesian official overseeing investment said on Thursday that the current political upheaval in the country does not affect intentions of investors to place their investments, adding that they are enthusiastic to see policies set by the new government.
"They believe that the new government would bring new energy, new spirit and is promising. They still have high trust in Indonesia," Investment Coordination Agency (BKPM) Chairman Mahendra Siregar said in a trade expo held here.
He added that investors see the heating political situation in Indonesia as a reality that should be faced by the new government within the next five years.
"The point highly expected by the investors is how President Joko Widodo outlines the policies and the effectiveness in the implementation," Mahendra said.
Instead of reviewing the political process, Mahendra said that investors would prefer to see how the new government using the nation's fundamental strength to address structural issues that have been lingering in the country until today, among others fuel subsidy, poor infrastructure and workforce issues.
President-elect Joko Widodo, who will assume his presidency on Oct. 20, has warned earlier the ongoing political process demonstrated in the parliament would stall investors from placing their investments in Indonesia.
Many feared that the outcome of political process in the parliament are far from democratic values pursued by reform movement since 2000.
The parliament issued laws that annul direct election to elect regional leaders, bring back the old indirect election through process in regional parliaments. The parliament, which is dominated by legislators from Widodo's arch-rival camp, also planned to amend most of the laws produced in the reform era, reports said.