Indonesian Political, Business & Finance News

ASEAN exhibition opens

| Source: JP

ASEAN exhibition opens

JAKARTA (JP): Director General of Metal, Machinery and
Electronic Industries Effendi Sudarsono opened yesterday a four-
day ASEAN exhibition of pumps, piping, filtration, water and
waste water treatment, and turbo-machinery.

The exhibition, held biennially by members of the Association
of Southeast Asian Nations, displays products of more than 200
international manufacturers, distributors and retailers from 22
countries including Australia, South Korea, Taiwan, France,
Germany, Italy, Britain and the United States.

Dilys Yong, president of HQ Link Pte Ltd., the show organizer,
said that the show in Indonesia is very timely because the
country has recorded phenomenal growth in investment and human
resource development.

She quoted Minister Tunky Ariwibowo as saying that out of the
Rp 660 trillion (US$266.4 billion) of investment needed by
Indonesia for its development programs during the current Sixth
Five Year Development Plan (Repelita VI) period, beginning in
1994, about Rp 75.9 trillion will be allocated for industrial
development.(kod)

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