Indonesian Political, Business & Finance News

Archive: 9 August 2007

2 articles found

IFC to help promote Yogyakarta`s investment opportunities

Yogyakarta (ANTARA News) - The International Finance Corporation (IFC), the World Bank`s private sector division, will help promote investment opportunities and create fields of employment in Yogyakarta, an IFC official said. The IFC would set up an investment promotion body to lure foreign business to Yogyakarta, country manager Adam Sack said after signing a joint communique with Yogyakarta Governor Sultan Hamengkubuwono X here Wednesday.

Chinese businesses interested in building Aceh-Medan highway

Banda Aceh (ANTARA News) - A Chinese company, "Cina Sfeco Representatif", is studying the possibility of building a 460-km highway between Banda Aceh city and Aceh Tamiang in the eastern part of Nanggroe Aceh Darussalam province. A wish to that effect was expressed by a group of Chinese companies with wide experience in road building in Shanghai in a meeting with head of the Aceh provincial transportation office Muhyan Yunan here on Wednesday.