Feb 17, 2019 Entertainment Comments Off on TVA office expected to increase Taiwanese investment in Indonesia
Jakarta The Investment Coordinating Board (BKPM) has expressed hope that the presence of Taiwan Visitors Association (TVA) representative office in Jakarta will be able to enhance investment cooperation between the two sides.
Taiwan is ranked 18th in terms of foreign investment in Indonesia, with a total value of US$142 million in the January-September 2018 period.
"With the presence of the TVA representative office, we will witness Taiwanese investment to finish in the top 10 (in Indonesia) in the future," BKPM Deputy Head for Investment Cooperation Wisnu Wijaya Soedibjo said during the inauguration of the TVA representative office in Jakarta on Thursday, Jan 17.
West Java is the largest among the five destinations of Taiwanese investment in Indonesia, with a value of $394 million, accounting for 35 percent of the total Taiwanese investment in Indonesia. This is followed by Banten, East Java, Central Sulawesi, and Central Java.
The Taiwanese investment is mostly placed in rubber and plastic, textile, chemical and pharmaceutical, metal, electronic appliance, and medical instrument industries.
Hopefully, the presence of the TVA office will forge bilateral ties between the two sides.
"With the increasingly closer relations, we believe Taiwanese investment will increasingly become larger, marked with mutual visits by Indonesian and Taiwanese tourists and business people," he remarked.
Source: Antara News
Comments Off on ASEAN Urged to Adopt Full Ban on Plastic Waste Imports
Comments Off on Record Numbers of People Flee War, Persecution, Conflict
Comments Off on US, China to Resume Trade Talks Ahead of TrumpXi Meeting
Comments Off on Trump Threatens New China Tariffs if Xi Doesn’t Talk Trade with Him
Comments Off on Protesters Fill Hong Kong Streets Over Proposed Extradition Law
Comments Off on Coal Industry’s Survival in Question as Companies Go Green