00:00We are seeing results now called Lanantaka, and it's now headed by the Minister of Investment who concurrently is the
00:14head of our new Sovereign Wealth Fund.
00:18They've been in operation, I think, nearly exactly one year, not yet one year, 24th February, which is a few
00:34years from now, we established the Sovereign Wealth Fund, and you see the head has lost a lot of hair.
00:46Actually, do you know the secret about this?
00:51We call it a copia.
00:54The secret is actually, this was designed to hide leaders whose heads are balding.
01:04So, if I open my copia, you will see I'm also balding.
01:12Just after one year in the office.
01:20So, yes, we are open, we want, we need investment, we want more investment, and we are confident that we
01:36are competitive.
01:37We have practice, we have a lot of minerals that are necessary for new technologies.
01:52I think we are strong and critical minerals.
01:59I think I just got a report.
02:01I think we have one of the largest rarefers reserves in the world.
02:08Three billion dollars worth of waste to energy processing plants, which is very crucial for us to take care of
02:22our waste management.
02:31So, we are moving very fast in all of these sectors.
02:38And I think, I think for American companies, Indonesia will not just be an attractive market, but also, we hope,
02:47it will be used as a production base.
02:50And that Indonesia can be viewed as a good strategic partner for the region.
03:00Our scale is very significant, our demographics are strong, and we renew our commitment to openness.
03:11We have a long way to go. Infrastructure must be improved. Logistics must be improved to cut down costs.
03:23We need more efficient ports, harbors, airports, highways. We want to go a digital path that can improve efficiency.
03:46We are working very hard to reduce costs, strengthen connectivity, and ensure supply chains operating through a nature that will
03:59be reliable.
04:01Energy transition is also part of a long-term strategy. We are committed to renewables, electric vehicles, green industries, but
04:12our approach is very pragmatic.
04:14We will go at a speed that is adjusted to our capacity. We pursue projects that must be knobbly sound,
04:30that must be backable and capable of delivering long-term returns.
04:34For more information, let's start!
04:35We will see you again!
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