Wed, 07 May 2008
Jakarta (ANTARA News) - Some 200 projects in 75 districts and municipalities will be offered in the Indonesian Regional Investment Forum (IRIF) to be held here on May 26 and 27.

President Susilo Bambang Yudhoyono is scheduled to open the event jointly held by the Regional Representatives Council (DPD) and Global Initiatives.

"Indonesia is still popular to potential investors," Chief Financial Officer of Global Initiatives Sydney Yeung told the press here on Tuesday.

Yeung said the keen interest was triggered by the rich natural resources supported by professional workers.

He added that many investors have started thinking of leaving China, India and Vietnam due to high cost they have to bear.

"This is the right moment for Indonesia to hold this year`s IRIF as we will have a chance to open the potential investors` minds on Indonesia and what could be offered to them," he added.

Meanwhile, Deputy Chairman of DPD Irman Gusman who is chairman of the event`s steering committee said some businessmen from the Middle East have confirmed to attend the event.

Irman who recently visited several countries in the Middle East along with State Minister for State Enterprises Sofyan Djalil said the interest was expressed by these Middle Eastern businessmen when they attended an Islamic Countries` Economic Forum in Kuwait. (*)



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