Thu, 11 Dec 2008
From: The Jakarta Post
By The Jakarta Post
A delegation of business leaders from Canada held a meeting in Surabaya on Wednesday with entrepreneurs from East Java in a bid to look into possible joint business ventures.

The meeting, called the Canada-East Java Business Forum, was part of a 3-day itinerary the Canadian Embassy organized to the region led by Canada's Ambassador to Indonesia John Holmes, kompas.com reported.

Other events included visits to several factories in the province.

Holmes said with the global economy currently in turmoil due to the liquidity crisis in most of the developed world, forging cooperation between Canadian and East Java businesses had become more important.

He added the forum should be able to facilitate the needs of Canadian and Indonesian companies interested in initiating new business cooperation.

Business representatives at the meeting were from power company Babcock and Wilcox, engineering and infrastructure solution provider SNC Lavalin, insurance firm Manulife, lubricant producer Petro Canada, portable electricity transmission tower manufacturer SBB, firefighter tools producer SEI Industries, oil drilling company World Oil Tools Inc., building material retailer Iko Industries Ltd. and pharmaceutical company Immunotec.



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