Chinese entrepreneurs will explore the possibility of building a precious stone center and selling jewelry in Bali, Industry Minister Fahmi Idris said recently.
"I don't have any objection to the Chinese investors' plan so long as they train our precious stone craftsmen to develop specific Indonesian products," Idris was quoted as saying by Antara. He did not name the investors, but said they will come to Indonesia in March.
Idris said he met with the Chinese investors during a visit to China some time ago. He said the investors are very well known in China, especially for their precious stones, notably jade.
The minister said his department might allow the Chinese entrepreneurs to produce Chinese-style jewelry in Indonesia so long as they use raw materials from Indonesia, such as onyx.
The government will allocate Rp600 billion ($66 million) for the building of small and medium industries next year, and has invited Chinese, Japanese and South Korean precious stone experts to train Indonesian craftsmen.