Batam Mayor Muhammad Rudi confirmed 20 investors plan to invest in the island city once the COVID-19 pandemic is over.
“In total, there are 20 investors,” he said here on Thursday.
Rudi, who is also chief of the Batam Free Trade Zone and Free Port Management Board, said he had approached the Singapore Chambers of Commerce and Industry and met several investors to discuss their planned investment in Batam.
The investors have expressed their readiness to invest in Batam, he stated.
He said he believed the realization of the planned investment will be able to restore the city's economy, which has borne the brunt of the COVID-19 pandemic.
“They (are) still looking at how we are handling the COVID-19 pandemic,” he said.
The Batam economy is now at its worst performance, he added.
As a result of the COVID-19 pandemic, he said, several sectors such as industry, trade, and tourism are awaiting investors to bring about a revival.
“So, we want all of us to play their role. Remain disciplined, maintain social distancing, wash hands with soap and running water,” he said.
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Editor : Mahdani
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