Indonesia Expects More Chinese Investment In 2011
Xinhua, Jakarta - 23/01/2011
Indonesia hopes for increasing investment
from China in 2011, as the number in 2010 was in line with
expectation, an official said here on Sunday.
Head of Investment Coordinating Board Gita Wirjawan told reporters
that following the implementation of ASEAN-China Free Trade Agreement
(ACFTA) in Jan. 1, 2010, China has invested 173 million US dollars in
2010 or ranked 11.
"The number increased from 65.5 million US dollars in 2009 when it
ranked 13," said Wirjawan, without mentioning the expectation figures.
He said that Indonesia has expected more investment from China this
year to increase the national economic growth.
According to him, several Chinese companies which intend to invest in
Indonesia are those with their investment vehicle in Singapore, Hong
Kong and British Virgin Islands, among others.