$65.5m Investment in Jambi in 2006
Five foreign investors and their Indonesian partners invested $65.5 million in Jambi province last year, a report said, according to Antara.
The investment projects created jobs for more than 2,700 people, said the report, issued by the provincial development and promotion body on Monday (2/7/07).
Malaysian-Indonesian venture PT Plant Biofuel Indonesia, engaged in base organic chemicals, invested $48 million to open its business in Tanjung Jabung Barat district.
Thai-Indonesian fishery company, PT Bumi Laut Sumber Utama, invested $13.5 million and absorbed 1,759 Indonesian workers.
PT Doosan Crude Petroleum Forest Korea meanwhile invested $3.5 million in a timber estate in Tanjung Jabung Timur and employed more than 1,000 Indonesians.
Two Indian-Indonesian companies invested in Jambi -- PT Shaaj International Agro, engaged in the trade and distribution of agricultural products, invested $255,000; and import export company PT Vipul Jaya Lestari invested $200,000 and created jobs for 16 Indonesian workers.
The investment projects created jobs for more than 2,700 people, said the report, issued by the provincial development and promotion body on Monday (2/7/07).
Malaysian-Indonesian venture PT Plant Biofuel Indonesia, engaged in base organic chemicals, invested $48 million to open its business in Tanjung Jabung Barat district.
Thai-Indonesian fishery company, PT Bumi Laut Sumber Utama, invested $13.5 million and absorbed 1,759 Indonesian workers.
PT Doosan Crude Petroleum Forest Korea meanwhile invested $3.5 million in a timber estate in Tanjung Jabung Timur and employed more than 1,000 Indonesians.
Two Indian-Indonesian companies invested in Jambi -- PT Shaaj International Agro, engaged in the trade and distribution of agricultural products, invested $255,000; and import export company PT Vipul Jaya Lestari invested $200,000 and created jobs for 16 Indonesian workers.