360° Coverage : Central Java to facilitate Indian investment

2 Updates
Central Java to facilitate Indian investment
Photo Credit: , Getty Images

Central Java to facilitate Indian investment

Oct 31 2013, 4:24am CDT | by IANS

Jakarta, Oct 31 (IANS) The government of Central Java in Indonesia will facilitate Indian investment in the province, especially in sectors such as manufacturing, infrastructure and tourism.

Jakarta, Oct 31 — The government of Central Java in Indonesia will facilitate Indian investment in the province, especially in sectors such as manufacturing, infrastructure and tourism. Governor...

Filed under: news

YouTube Videos

 
 
 

51 weeks ago

Central Java to facilitate Indian investment

Oct 31 2013, 4:24am CDT | by IANS

Jakarta, Oct 31 (IANS) The government of Central Java in Indonesia will facilitate Indian investment in the province, especially in sectors such as manufacturing, infrastructure and tourism.

Jakarta, Oct 31 — The government of Central Java in Indonesia will facilitate Indian investment in the province, especially in sectors such as manufacturing, infrastructure and tourism.

Governor Ganjar Pranowo during a meeting Wednesday in the capital Semarang with ambassador Gurjit Singh also voiced his keenness to have more cooperation in the fields of culture and education.

The Indian envoy was leading a 15-member India Business Forum (IBF) delegation to Central Java after the election of the new governor recently.

A Business Roundtable of IBF delegation with the Central Java Investment Board and KADIN, the Indonesian chamber of commerce and industry, was also organized where the Indian delegation made presentations on various sectors of interest to Central Java, like IT, automotive and infrastructure. The Indonesian side gave a perspective of investment opportunities in the region.

The meeting was addressed by Investment Board Chairman Yuni Astuti and KADIN chairman Kukrit Suryo Wicaksono who, while appreciating the visit of the IBF Delegation, promised to extend one-window service to the investors from India.

Ambassador Singh invited Indonesian companies to invest in India and take part in fairs and exhibitions in India.

The IBF delegation included representatives from diverse sectors of Indian joint ventures in Indonesia; Tata Motors (automotive), Tata Consultancy Services (IT), SBI Indonesia (banking), ESSAR Group (infrastructure), Jindal Group (steel), Trimex Group (mining, cement), Bitratex Industries (textiles), Primayudha Mandirijaya (textiles), AK Goldenesia (agri products), Makmur Sejahtera (agri products) and Spins International School Surabaya (education).

The visit was part of the Indian embassy's outreach to the various regions of Indonesia. The ambassador emphasized that his mission to Central Java is for encouraging high-level B2B engagement.

He said a number of Indian textile companies were already established in the region, and the Indian businessmen were looking for more investment opportunities in Central Java.

He added that there is already an investment of about $15 billion in Indonesia by Indians which would go up to $30 billion in the next five years.

The Indian ambassador extended an invitation to the provincial governor to address the 20th Partnership Summit being organized by the Confederation of Indian Industry (CII) in Bangalore Jan 27-29.

Earlier, the embassy had taken such missions to Surabaya in East Java, Manado in North Sulawesi, Bali and Medan.

IANS

Source: IANS

 
Update
2

7 weeks ago

'Java Juggs' coffee-stand brothel operator pleads guilty

Sep 2 2014 10:17pm CDT | Source: Townhall's

SEATTLE (Reuters) - The owner of Seattle-area drive-up coffee stands that offered caffeine and sex acts and earned hundreds ...
Source: Townhall's   Full article at: Townhall's
 

 

Don't miss ...

 

blog comments powered by Disqus

Latest stories

Secular party leading in Tunisian election: Opposition
Tunis, Oct 27 (IANS/EFE) The Tunisian secular party Nidaa Tounis (the Call for Tunisia) is moving ahead in the legislative election, their political opponents, the Islamists of al-Nahda Movement, said Monday.
 
 
Third student dies after shooting incident in US school
Washington, Oct 27 (IANS/EFE) One of four students wounded during last week's shooting at a US high school has died in hospital, the NBC television network reported, quoting medical sources.
 
 
25 suspected militants killed in Pakistan
Islamabad, Oct 27 (IANS) At least 25 suspected militants were killed and 10 injured Monday in airstrikes in Pakistan's North Waziristan region.
 
 
IS executes eight in Syria
Beirut, Oct 27 (IANS/EFE) The Islamic State (IS) terrorist group has executed eight men over the past four days in al-Bukamal city, located on the Syrian-Iraqi border, the Syrian Observatory for Human Rights reported Monday.
 
 
 

Latest from the Network

Reinartz out for three months with eye injury
Berlin, Oct 27 (IANS) Bundesliga side Bayer Leverkusen will be without their defensive mid-fielder Stefan Reinartz for three months as he fractured his eye socket. The 25-year-old German, who has earned three...
Read more on Sport Balla
 
Pakistan PM urged to probe London rally incident
Islamabad, Oct 27 (IANS) Pakistan Peoples Party (PPP) leader Rehman Malik urged Prime Minister Nawaz Sharif to probe a Kashmir rally incident in London, where Bilawal Bhutto was forced off the stage, media reported...
Read more on Politics Balla
 
Google employee held for 'cyberstalking'
New York, Oct 27 (IANS) A 23-year-old Google employee has been arrested for allegedly cyberstalking a former classmate, a medai report said. According to a San Francisco Chronicle report, Nicholas Rotundo, an internal...
Read more on Politics Balla
 
Indians in Washington celebrate Diwali
Washington, Oct 27 (IANS) The Indian community in Washington celebrated Diwali with the Indian ambassador S. Jaishankar noting how the festival has become part of Indian American community's presence and profile in the...
Read more on Celebrity Balla
 
Astronomers produce first images of exploding stellar fireball
Washington, Oct 27 (IANS) The expansion of thermonuclear fireball from a nova that erupted last year in the constellation Delphinus was more complicated than the simple models used previously would have predicted,...
Read more on Business Balla
 
Paul Allen Donates At Least $100M to Fight Ebola Virus
Paul Allen has just made himself a certified crusader against the deadly Ebola virus.Allen, the Portland Trail Blazers and Seattle Seahawks owner, pledged to donate "at least $100 million" to Tackle Ebola. He wrote a...
Read more on Sport Balla
 
Spanish La Liga standings
Madrid, Oct 27 (IANS) Following are the Spanish La Liga standings after Sunday's matches (tabulated under matches played, won, drawn, lost, goals for, goals against, points), according to Xinhua. Barcelona 9...
Read more on Sport Balla
 
China stocks open lower
Beijing, Oct 27 (IANS) Chinese stocks opened lower Monday with the benchmark Shanghai Composite Index opening at 2,293.57 points, down 8.71 points or 0.38 percent. The Shenzhen Component Index opened at 7,881.01, down...
Read more on Business Balla
 
Italian Serie A results
Rome, Oct 27 (IANS) Following are the collated results of Italy's Serie A matches Sunday, according to Xinhua. Chievo lost to Genoa 1-2 Juventus bt Palermo 2-0 Udinese bt Atalanta 2-0 Cesena lost to Inter Milan 0-1...
Read more on Sport Balla
 
China mulls scrapping death penalty for 9 crimes
Beijing, Oct 27 (IANS) Chinese lawmakers are considering to remove the death penalty for nine crimes, including smuggling weapons and nuclear materials. The draft amendment to the Criminal Law was submitted Monday to...
Read more on Politics Balla