Business Partner Cities to hold 12th meeting
Business Partner Cities to hold 12th meeting
JAKARTA (JP): Representatives of 11 cities grouped in the
Business Partner Cities (BPC) organization will hold their 12th
annual round table, seminars and trade fair here on Oct. 21 and
Oct. 22.
The Jakarta Chapter of the Indonesian Chamber of Commerce and
Industry (Kadin Jaya) will host the meeting.
Kadin Jaya's foreign trade department chairman Andi Pancha,
who also chairs the organizing committee, said the meeting and
seminars would be used by delegations to exchange information on
the economy, industry, infrastructure and other aspect's of life
in their cities.
It will also be used to enhance business ties between the 11
cities. The trade fair, IndoExpo'98, will be used to promote each
city's businesses and companies.
"Among topics to be discussed at the round table and seminars
is Asia-Pacific region business and investment prospects in the
aftermath of the monetary crisis," Andi said after briefing
foreign ambassadors and the representatives of foreign embassies
about the event.
Andi also said that questions over security remained a major
deterrent to foreign investors considering a return to the
country.
"People are concerned about whether Jakarta will be safe in
October, but we will show them that their safety is guaranteed
here so that we can restore the country's image," he said. "Now
is an appropriate time to show them that our economy is starting
to recover."
BPC, established in Osaka in 1986, groups the business cities
of Hong Kong, Singapore, Bangkok, Kuala Lumpur, Manila, Jakarta,
Seoul, Ho Chi Minh City, Shanghai, Bombay and Osaka.
It was established to create a strong business network between
the cities.
Andi said that at least 34 companies would join the trade
fair. The companies are involved in the production of yarn,
textiles and textile products, clothing, paper and paper
products, home and office furniture, footwear, cosmetics,
glassware, chemical products, heavy equipment, agricultural
commodities, food and beverages, and handicrafts. (gis)