Indonesia seeks to lure Chinese investors
The Indonesia Investment Coordinating Board (BKPM) has announced that it will soon set up a “China Desk” in an effort to further entice more Chinese investors to invest in the country.
Illustrative photo (Source:Internet)The desk, operated by a Chinese-speaking staff, is expected to address issues that have hindered potential Chinese investors, such as slow responses on land inquiries and language barriers.
The rapid growth of Chinese investment in Indonesia requires wide-ranging assistance, said Franky Sibarani, Head of the board.
In 2015, investment realisation from China increased 14 percent from 7 percent per year during 2010 to 2014.
Investment commitments also doubled to 22 billion USD last year, from an average of 11.3 billion USD per year in the five-year period ending 2014.
Hong Kong ( China ) made an increase in investment commitment to Indonesia to 3 billion USD in 2015, from an average of 2 billion USD per year from 2010 to 2014.-VNA
You should also see
Hanoi ceremony celebrates 70th anniversary of Geneva Agreement
The Ministry of Foreign Affairs held a ceremony in Hanoi on April 25 to mark 70 years since the signing of the Geneva Agreement on the Cessation of Hostilities in Vietnam - an important milestone in the struggle for national liberation of the Vietnamese people and a great victory of the Vietnamese diplomatic sector.
See more
World
Indonesia’s coffee exports surpass imports
Indonesia’s coffee exports have surpassed imports for 47 consecutive months since May 2020, the Central Statistics Agency (BPS) has reported.
World
Thailand expects wave of tourists during Golden Week
The Tourism Authority of Thailand (TAT) estimates that about 996,000 foreign tourists will visit the Southeast Asian country between April 26 and May 5, known as the Golden Week holidays in Japan, during which Chinese tourists also prefer to travel overseas.
World
Argentinian media praises Dien Bien Phu Victory
Argentinian newspapers have called Vietnam's Dien Bien Phu Victory (May 7, 1954) a symbol of the national liberation movement of oppressed and colonialised peoples worldwide.
World
Laos speeds up granting licences to foreign workers
Laos's Ministry of Labour and Social Welfare plans to issue visas to illegal foreign workers and extend permits to legal ones so that they can continue to work in the country.
World
Argentinian scholar praises Vietnam’s April 30, 1975 victory
The complete reunification of Vietnam on April 30, 1975 was an extremely significant event in the history of the country and the world, opined a scholar from the Institute for International Relations at the National University of La Plata, Argentina.
