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Indonesia a good investment destination for Malaysians – BorneoPost Online-EDDY SATRIYA

Indonesia a good investment destination for Malaysians – BorneoPost Online-EDDY SATRIYA

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Published by: Eddy Satriya on Jul 01, 2012
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7/1/12Indonesia a good investment destination for Malaysians – BorneoPost Online | Borneo , Malaysia, Sa…1/2www.theborneopost.com/2012/06/05/indonesia-a-good-investment-destination-for-malaysians/
Indonesia a good investment destination forMalaysians
byRonnie Teo , ronnieteo@theborneopost.com. Posted onJune 5, 2012, Tuesday
Indonesia Invest Guide
A New One Trillion USD Market Power We Guide You Right to the Target
www.indonesiainvestmentguide.com
INVESTMENT OPPORTUNITIES: (From left) Harjanto, Santoso, Committee for Acceleration and Expansion of IndonesiaEconomic Development (KP3EI) head of public communications and promotion, Edib Muslim and KP3EI’s secretariat and headof International Cooperation Division, Eddy Satriya during the ceremony.
KUCHING:
With booming economic conditions and growth areas outlined, Indonesia is set to thrive with moreroom for further investments, especially from Malaysians. According to the Indonesian Consul General in Kuching, Djoko Harjanto during a seminar entitled ‘Identifyingopportunities in the Indonesian market’, Indonesia has seen a stable economy and strong growth even with theongoing eurozone economic crisis.In fact, the country was well on its way to become the top 10 largest economies in the world by 2025 with a grossdomestic product of US$4.3 trillion and an estimated income of US$14,900 per capita.“If you look at the numbers, you can see where Indonesia is moving.“Firstly, during the midst of the global economic crisis, Indonesia grew 4.5 per cent in 2008. In 2009, it grew to 6.1per cent and also 6.5 per cent in 2011,” he said.“We have kept inflation low. Also, our debt to gross domestic product (GDP) ratio has shrunk dramatically to 26per cent in 2010,” he added.“In fact, the IMF predicts that Indonesia’s economy will be larger than Australia by mid-decade. These numbersare happening and they show that we are on the right track.”Malaysia will stand to gain from Indonesia’s robust growth as the latter remains a major import source for Malaysia.To recap, imports from Indonesia constituted some 6.1 per cent of total Malaysian exports back in 2011.Meanwhile, Harri Santoso from the Investment Coordinating Board of Indonesia outlined that to date, Malaysiaremained a key investment figure in Indonesia, garnering US$1.806 billion from 2007 to 2011.These included investments in sectors such as food crops and plantation sector with US$530 million,construction with US$353 million, food industry with US$231 million, trade and reparation with (US$134 million)and other services estimated at US$96 million.Other sectors accumulated to US$462 million in investments.Home-Business- Indonesia a good investment destination for Malaysians
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