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Friday, November 27, 2009

China Seeks More Investment on Indonesia Agriculture

Tempo interactive, Thursday, 26 November, 2009 | 21:52 WIB

TEMPO Interactive, Jakarta: Chinese business representatives meeting with Industry Minister MS Hidayat on Thursday have expressed their wish to get tax incentive for investment.

Chairman of the All-China Federation of Industry and Commerce Huang Mengfu said many chinese companies are seeking investment opportunity and cooperation with local companies.

MS Hidayat said the government offered the chinese delegates opportunity to invest in shipbuilding and steel industry, but no offer on investment facility made in the meeting.”

Huang said the Chinese companies are seeking to invest in agriculture and in electricity industry. Huang refused to reveal the value of potential investments from China saying “Our job was to build network between China and Indonesia.

IQBAL MUHTAROM

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