Indonesian Political, Business & Finance News

Archive: 1 August 2011

2 articles found

Investment in Industrial Plantation Concessions on the Rise

TEMPO Interactive, Jakarta:The Forestry Ministry says that investments in the forestry sector have increased despite the implementation of the Oslo moratorium (Norway agreement) this year. In the first semester, 12 companies were granted permits to invest Rp23.95 trillion for six years in Industrial Plantation Concessions (HTI), up from last year’s total of Rp2.63 trillion. The 12 companies will employ 5,532 workers, higher than last year’s 3,514 workers.

Japan expected to increase investment in public-private projects

Jakarta (ANTARA News) - Indonesia is expecting Japanese private businesses to invest in especially public-private partnership (PPP) infrastructure projects. The country`s minister of national development planning, Armida S Alisjahbana, expressed the wish when receiving the vice president of Japan International Cooperation Agency (JICA), Izumi Arai, here on Wednesday.