One thousand Chinese companies operate in Indonesia

One thousand Chinese companies operate in Indonesia

Illustration. An exhibition of Chinese technical commodities and equipment that was held in Jakarta, followed by 57 companies from China. (ANTARA PHOTO/Rosa Panggabean/ama/09.)

Jakarta (ANTARA News) - The President of the Chinese Chamber of Commerce in Indonesia, Gong Bencai, has stated that there are around one thousand Chinese companies operating in Indonesia, and about 50 percent of them are investing in Java.

"Indonesia is one of the main destinations for Chinese companies to invest," Bencai stated at a seminar on Five Year of Indonesia-China Strategic and Comprehensive Cooperation held here on Tuesday.

According to him, around 17 percent of the companies are engaged in construction, 15 percent are in the mining sector, and 13 percent are in the electricity sector.

Bencai noted that Chinese companies in Indonesia have been increasing the number of local workers, transferring technology and expertise, investing in value-added industries, and enhancing cultural exchanges between the two countries.

Chinese companies will also try to meet the domestic needs of Indonesia, such as in the fields of infrastructures, electricity generation, as well as water and food supply, Gong remarked.

Meanwhile, the Indonesian Ambassador to China, Djauhari Oratmangun, stated that the strategic partnership between Indonesia and China could be translated into very close friendships.

According to Oratmangun, although relations between Indonesia and China are enhancing rapidly, there is still a space for improvement, so that a strategic partnership can be translated into positive statistics for Indonesia.

Earlier, Maritime Coordinating Minister Luhut Binsar Pandjaitan had invited investors from China to increase their investment in Indonesia. So far, there are many facilities provided by the government for foreign parties to invest.

"Indonesia has good news such as improving the ease of doing business and managing to maintain high and stable economic growth," Pandjaitan noted.

He emphasized that Indonesia is a huge potential market, and the government at this time focuses on infrastructure development.

In addition to infrastructure, the minister showcased a variety of development programs, including village fund programs and special economic zones development. The minister also revealed Indonesia`s improvement in global investment rating.

Reporting by Muhammad Razi Rahman
Editing by Libertina, Suharto

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