Austrade opens in Medan

Austrade opens in Medan

JAKARTA (JP): Australia plans to open a regional office of its
trade promotion body, Austrade, in Medan, North Sumatra, to serve
the rapid increase in trade with the province.

Australia's ambassador to Indonesia, John McCarthy, said in
Medan yesterday that Austrade was scheduled to open in North
Sumatra's capital in October.

"Australian business activities have been growing in North
Sumatra following the rapid increase in the province's economic
activities," McCarthy said after opening a steel building
products plant of PT BHP Steel Building Products Indonesia, a
subsidiary of Australia's widely diversified Broken Hill
Proprietary.

Australian investment in Indonesia has reached a total of US$3
billion in various sectors like mining, steel and oil
exploration, McCarthy said as quoted by Antara. (icn)