Indonesian Political, Business & Finance News

Dutch to partake in Electric expo

Dutch to partake in Electric expo

JAKARTA (JP): A Netherlands trade and energy mission will partake in the Electric Indonesia '95 exhibition and will host a seminar on energy here next week, Director of the Indonesian- Netherlands Association Chris Smith said yesterday.

"The visiting mission, organized by the Netherlands Foreign Trade Agency and the association, will have a Holland pavilion at the trade fair and host the energy seminar entitled Indonesia- Dutch Partnership at the Jakarta Kemayoran Fairground," Smith said at a luncheon meeting at the Financial Club here.

The Dutch embassy's counselor, J.T.M. Vervloed, said that government officials and business executives from 14 companies will take part in the mission, led by Deputy Director General of Energy Rens Knegt.

Electric Indonesia '95, which will take place from Nov. 22 to Nov. 25, is the seventh of a series of power generation, electronics and electrical equipment exhibitions.

Twenty three foreign countries will participate in the four- day exhibition, which is slated to be opened by Minister of Mines and Energy I.B. Sudjana.

Vervloed said that delegates of the mission will also hold meetings with Indonesian government officials and executives of the state-owned electricity company PLN and oil and gas company Pertamina.

Netherlands Queen Beatrix led her country's largest trade mission to Indonesia in August. During her 11-day visit, the Queen was accompanied by her husband, Prince Claus, and more than 20 business people.

Her visit has since helped relations between Indonesia and the Netherlands, particularly in the business sector. Relations turned sour in 1992 after Indonesia decided to refuse Dutch development aid because of perceived interference in Jakarta's domestic affairs.

In trade with the Netherlands, Indonesia has long enjoyed a surplus. According to the Dutch embassy, Indonesia's exports to the Netherlands increased from 1.1 billion guilders (US$701.8 million) in 1991 to 1.8 billion guilders in 1994, while Indonesia's imports from the country increased from 711 million guilders to 779 million guilders.

The Dutch made investments of $96 million in Indonesia in 1992, $311 million in 1993 and $173 million in 1994. (kod)

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