With a nod of approval toward the country\u2019s economic prospects, a group of Japanese corporate leaders has indicated their intention to invest in Indonesia, particularly in the consumer and infrastructure sectors, a leader of the group said.<\/p>\n
Koken-Kai is a group of about 200 Japanese corporate executives from Tokyo, Osaka and Fukuoka. Its members are involved in industries ranging from manufacturing to financial services.<\/p>\n
\u201cI see a lot of potential in Indonesia,\u201d said Kenichi Ohmae, who led a delegation of about 40 Koken-Kai members to the country last week to meet with political and business leaders.<\/p>\n
\u201cThat\u2019s why Japanese colleagues of mine will come to Indonesia to take advantage of the country\u2019s very dynamic economic growth.\u201d<\/p>\n
Ohmae, president of Business Breakthrough and an author of popular business books, said the country was now seen as one of the world\u2019s new economic growth engines, behind China and India.<\/p>\n
\u201cPeople have high expectations for the new government and new cabinet, with Vice President-elect Boediono directing economic policy,\u201d he said.<\/p>\n
Ohmae noted that Japan was already one of the country\u2019s largest investors as well as one of its biggest export markets, but added that trade between the two sides should increase.<\/p>\n
\u201cOur member companies will focus on investing in the consumer products and infrastructure sectors,\u201d Ohmae said.<\/p>\n
\u201cWith a huge population of more than 200 million people, I think it would be a mistake for Japan not to pay close attention to the domestic market in Indonesia.\u201d<\/p>\n
He added that he was urging Japanese companies to invest in production facilities in Indonesia as well as in China and Vietnam to take advantage of low costs, abundant natural resources and skilled labor.<\/p>\n
\u201cIn my opinion, Indonesia is well-practiced at global competitiveness,\u201d he said.<\/p>\n
Eric Alexander Sugandi, an economist at Standard Chartered Bank who met with the Koken-Kai delegation, shared Ohmae\u2019s view about the resilience of the economy and the prospects for investment in the domestic consumer goods sector.<\/p>\n
\u201cIndonesia\u2019s economy is expected to grow by 4 percent this year and by 5 percent next year,\u201d he said during a presentation to Koken-Kai on Friday.<\/p>\n
Eric said the second government of President Susilo Bambang Yudhoyono would likely be stronger than the first, giving it more power to enact its reform agenda and providing Boediono greater influence on economic policy.<\/p>\n
\u201cIndonesia has been less affected by the global crisis and the consumer sector was the most resilient to the downturn,\u201d he added.<\/p>\n
Japanese Investors Eyeing Indonesian Sectors<\/p>\n
With a nod of approval toward the country\u2019s economic prospects, a group of Japanese corporate leaders has indicated their intention to invest in Indonesia, particularly in the consumer and infrastructure sectors, a leader of the group said.<\/p>\n
Koken-Kai is a group of about 200 Japanese corporate executives from Tokyo, Osaka and Fukuoka. Its members are involved in industries ranging from manufacturing to financial services.<\/p>\n
\u201cI see a lot of potential in Indonesia,\u201d said Kenichi Ohmae, who led a delegation of about 40 Koken-Kai members to the country last week to meet with political and business leaders.<\/p>\n
\u201cThat\u2019s why Japanese colleagues of mine will come to Indonesia to take advantage of the country\u2019s very dynamic economic growth.\u201d<\/p>\n
Ohmae, president of Business Breakthrough and an author of popular business books, said the country was now seen as one of the world\u2019s new economic growth engines, behind China and India.<\/p>\n
\u201cPeople have high expectations for the new government and new cabinet, with Vice President-elect Boediono directing economic policy,\u201d he said.<\/p>\n
Ohmae noted that Japan was already one of the country\u2019s largest investors as well as one of its biggest export markets, but added that trade between the two sides should increase.<\/p>\n
\u201cOur member companies will focus on investing in the consumer products and infrastructure sectors,\u201d Ohmae said.<\/p>\n
\u201cWith a huge population of more than 200 million people, I think it would be a mistake for Japan not to pay close attention to the domestic market in Indonesia.\u201d<\/p>\n
He added that he was urging Japanese companies to invest in production facilities in Indonesia as well as in China and Vietnam to take advantage of low costs, abundant natural resources and skilled labor.<\/p>\n
\u201cIn my opinion, Indonesia is well-practiced at global competitiveness,\u201d he said.<\/p>\n
Eric Alexander Sugandi, an economist at Standard Chartered Bank who met with the Koken-Kai delegation, shared Ohmae\u2019s view about the resilience of the economy and the prospects for investment in the domestic consumer goods sector.<\/p>\n
\u201cIndonesia\u2019s economy is expected to grow by 4 percent this year and by 5 percent next year,\u201d he said during a presentation to Koken-Kai on Friday.<\/p>\n
Eric said the second government of President Susilo Bambang Yudhoyono would likely be stronger than the first, giving it more power to enact its reform agenda and providing Boediono greater influence on economic policy.<\/p>\n
\u201cIndonesia has been less affected by the global crisis and the consumer sector was the most resilient to the downturn,\u201d he added.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/japanese-investors-eyeing-indonesian-sectors-1254094866", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }