Wed, 06 Oct 2010

Banda Aceh, Aceh (ANTARA News) - The Investment Coordinating Board (BKPM) has since 2007 approved 65 foreign investment proposals worth US$1.908 billion in Aceh province.

Meanwhile, between 2007 and 2009 the agency also endorsed 6 domestic investment proposals worth Rp840.617 billion, Head of the Aceh Investment and Promotion Board Anwar Muhammad said here on Tuesday.

Anwar said the local government had been prepared for the inflow of foreign investment.
"Some time ago we still had problem with power supply. Hopefully, the problem can be solved at the end of 2011," he said.

Power supply can be slowly but surely be met to serve investors` interest, he said.
Currently, at least 10 countries have expressed interest in investing in Aceh. They include Malaysia, South Korea, China and India, he said.(*)