Investors urged to support RI development<\/p>\n
CILEGON, West Java (JP): President Soeharto has urged foreign
\ninvestors to support Indonesia's policies in national development
\nwhile they are doing businesses in Indonesia.<\/p>\n
\"We do indeed open our door for foreign investments but we
\nexpect them to nurture Indonesia's spirit, orientation and
\ndestination in its development,\" Soeharto said at the inaugural
\nceremony of the country's first olefin plant in Cilegon, West
\nJava, yesterday.<\/p>\n
The olefin plant, established with an investment of US$1.9
\nbillion by PT Chandra Asri Petrochemical Center, a foreign
\ninvestment company, has been designed to produce ethylene,
\npropylene, polyethylene and pyrolysis gasoline -- basic chemical
\nmaterials for the production of plastics and textile fibers.<\/p>\n
Yesterday's ceremony was attended by First Lady Tien Soeharto,
\nMinister of Industry Tunky Ariwibowo, Minister\/State Secretary
\nMoerdiono, Minister of Investment\/Chairman of Investment Planning
\nBoard Sanyoto Sastrowardoyo, the company's president, Prajogo
\nPangestu, and chief commissioner Bambang Trihatmodjo.<\/p>\n
Soeharto said that it is common for every country in the world
\nto welcome foreign investors willing to do business in their
\ncountry, but they are supposed to understand and support the
\nnation's spirit and idealism.<\/p>\n
Talking about Indonesia's industrialization process, Soeharto
\nsaid that it must be intensified, expanded and continued further,
\nby improving the quality of human resources, capitalizing, to the
\nmaximum, natural resources, which are at the country' disposal,
\nand raising technological skills.<\/p>\n
\"For this purpose, our industry must have a deeper, stronger
\nfoundation and a higher technological content, in order to
\nproduce goods with greater value-added and that have a strong
\ncompetitive edge,\" he said.<\/p>\n
When talking about cooperation among small, medium and large
\nscale enterprises, Soeharto said that all national economic
\nplayers must behave with mutual understanding and in cooperation,
\nto develop prosperity for all.<\/p>\n
\"Together, large, medium and small companies should become a
\nchain that gains strength, support and benefit from each other,\"
\nsaid Soeharto.<\/p>\n
After the ceremony, the President and his entourage signed the
\nfirst bag of polyethylene produced by Chandra Asri. (alx\/kod)<\/p>",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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