National security is a very important factor for the investment. A national stability will make investors are interested to invest their capital. Conversely, if national stability disrupted, economic stability will also be disrupted resulting in the investment climate. It is also to be faced by PT. Wijaya Karya (Persero) Tbk (WIKA Indonesia). This world-class construction company from Indonesia is canceled a plan to grow the business in Iraq. The reason is, because of the existence of ISIS is considered increasingly threaten the stability of the Iraqi national. The potential is huge commotion in Iraq. Therefore, PT. Wika Indonesia chose to resign first.
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| Image source: Blog.Sribu.com |
It seems clear that the movement of the Islamic State of Iraq and Syria (ISIS) is increasingly rampant. ISIS has successfully taken over a number of cities in Iraq. The public also knows that there are a number of prisoners have been executed by the ISIS.
Not only that, ISIS has also managed to drag the western countries to create a new war in this region. In fact, recently the V of the United States Fleet based in Saudi Arabia has launched air strikes on a number of points which is thought to be the concentration of ISIS.
Obviously, this condition is very detrimental to WIKA Investment. In fact, before the emergence of ISIS, both parties namely the Iraqi government and WIKA have indicated a desire for cooperation, though still orally. In fact, WIKA has opened a representative office in Baghdad previously. PT Wika Indonesia also has sent a team to assess the project concrete plant. The plan, PT. Wika Indonesia will also make investments with PT Pertamina Indonesia Iraq.
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