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TEMPO/China Asked to Invest in Shipping
The government also wants to build connectivity in eastern Indonesia to reduce activities in Java. According to Edy, China is expected to participate in Indonesia’s construction of harbors because China is regarded as having mastered good shipping technology and harbor management system.
The Chinese Ambassador to Indonesia, Zhang Qiyue, admitted that her country is among the newest investors in Indonesia. Two years ago, Chinese investment in Indonesia amounted to US$ 139.6 million but it dropped to US$ 65.5 million last year due to the global economic crisis.
In regards to the investment offer, Zhang wants Chinese companies to know Indonesia better. “They must begin by getting to know the policies, needs and Indonesia’s development priorities,” she said.
Indonesia is currently putting priority on infrastructure and economic corridor development. According to Zhang, the government must support the private companies’ participation. The Chinese government also supports Indonesia’s investment expansion, “We monitor and support the shift from energy and natural resources investment to communication, farming, service, fisheries and renewable energy,” she said.
China has provided a soft loan of US$ 2 billion to support road, bridge and power plant development. “Indonesia is the country which has received the biggest funds from China,” said Zhang.
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