Aceh's Kadin applauds UAE's investment interest

Aceh's Kadin applauds UAE's investment interest

Makmur Budiman (third from right), chairman of the Aceh Chamber of Commerce and Industry (Kadin Aceh). (photo: Antara/h-fdh)

Banda Aceh, Aceh Darussalam (ANTARA) - The Chamber of Commerce and Industry (Kadin) of Aceh has praised enthusiastically the United Arab Emirates’ (UAE’s) intent to invest in Aceh Province, especially in the property field.

"All parties must join in supporting the UAE's aspirations since it is very positive to boost Aceh's economic growth. Bringing in investment is also in line with the 'Great Aceh' program initiated by the Aceh government," Kadin Aceh Chairman Makmur Budiman stated here on Tuesday.

The government and people of Aceh hailed the investment plan, as the province is currently further developing the Arun Special Economic Zone (KEK), he noted.

"This also offers a new ray of hope for us all to see the likely development of various types of refinery industries in the KEK," he stated.

He opined that the property industry is ideal to be developed in Aceh Besar District, for instance, in the Indrapuri Sub-district, which is a buffer zone of Banda Aceh City.

The UAE had earlier shown interest to invest more in the field of property development, particularly in Aceh, Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Panjaitan stated.

Pandjaitan remarked that next week, he will invite the Aceh governor and other prominent figures to hold discussions regarding the UAE's interest in property development in Aceh, reachable with a mere five-hour flight from Abu Dhabi.
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