"The CCPIT is targeting to establish the chambers of commerce in the next three months, and it will be based in Jakarta," Head of Indonesias Investment Coordinating Board (BKPM) Franky Sibarani stated in a press release on Friday.
CCPIT Guangdong is an institution that plays a key role in helping the provinces entrepreneurs to expand their investments abroad.
CCPIT offers all relevant information on a countrys investment climate to help investors to make decisions on expanding their investments abroad.
Franky, who held a meeting with President of CCPIT Chen Quiyan in Guangzhou, China, on Thursday (July 21), claimed to have received a positive response with regard to the governments efforts to improve and build a better investment climate.
According to Franky, the meeting with the agency held significance, as CCPIT can influence the investors decisions to invest abroad.
Franky pointed out that several investors from Guangdong Province had invested in Indonesia.
"The president of CCPIT said Indonesia is an important country, with huge potential, and has a conducive investment climate, and cooperation can be established under the one road one belt initiative," he affirmed.
On the occasion, Chen also revealed his plans to divert investment from the Guangdong mission to Indonesia in October 2016 as well as to inaugurate the chamber of commerce.
Chen assured the local investors that Indonesia is an appropriate investment destination for Guangdongs investors.
"The Indonesian government now has a strong commitment to improve and build a better investment climate," Chen affirmed.
China is one of the main sources of investment for Indonesia, with investment realization reaching US$2.6 billion since 2010, especially in the infrastructure sector and in metal, machinery, and electronics industries.
Since 2010, Chinese investment commitments listed with Indonesias BKPM have reached $52.3 billion.
According to data by Indonesias BKPM, $464 million worth of Chinese investment was realized during the first quarter of 2016, spread across 339 projects and offering employment to 10,167 workers.
China is ranked fourth after Singapore, Japan, and Hong Kong on the list of investing nations in Indonesia.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2016
