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Friday, December 31, 2010

HK allocates US$50 billion for investment in RI

Antara News, Friday, December 31, 2010

Jakarta (ANTARA News) - The Hong Kong government has allocated US$50 billion for its investment in Indonesia until next year, an Indonesian diplomat said here.

"Indonesia must be able to provide various facilities so that the investment funds will not go to other countries instead," Teguh Wardoyo, Indonesian consul general in Hong Kong said on Thursday.

He said that up to now about 34 billion dollars had been absorbed while the remaining 16 billion dollars had not yet been absorbed.

Indonesia, he said, is still an important part of the government and businesspeople in Hong Kong. After all, Indonesia`s market potentials are big in line with the progress of the infrastructure in Indonesia.

"This matter was acknowledged by a number of quarters in the business sector in Hong Kong," he said.

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