Indonesia strives to attract European businesses

The Indonesian Government will continue improving infrastructure and logistics services to create a favourable investment environment, heard a recent meeting with the Europe-ASEAN Business Alliance (EABA).
The Indonesian Government will continue improving infrastructure and logistics services to create a favourable investment environment, heard a recent meeting with the Europe-ASEAN Business Alliance (EABA).

According to the country’s Minister of Industry Saleh Husin, the delegation from the EABA wants more information on the Government’s plans and policies relating to the industrial sector to see how they can contribute to the country’s development.

According to EABA President Sahala Sianipar, the alliance holds a positive view on the investment policy in Indonesia.

Currently, the EU is the second-largest investor in Indonesia, with a total investment hitting 3.2 billion USD in 2014, more than its 2.4 billion USD amount in 2013.

European companies have created an estimated 1.1 million jobs for Indonesians.

According an ASEAN business prospect survey 2014, Indonesia is considered the top destination for business expansion, followed by Vietnam, Thailand, and Myanmar.-VNA

See more