Mon, 03 Jan 2000

HK businessmen eye RI

JAKARTA (JP): Hong Kong businessmen in a meeting with Vice President Megawati Soekarnoputri in Shang-LA hotel, Hong Kong, Thursday said they were interested to invest in Indonesia.

The Indonesian Consulate General in a press release Friday said the businessmen asked the vice president about sectors that could receive foreign investment.

Megawati Soekarnoputri and Minister for Investment and State Enterprises Laksamana Sukardi during their visit in Hong Kong met with a number of local businessmen.

The Hong Kong businessmen expressed interest to invest in the agricultural sector, particularly sugarcane plantation and in acquisition of hotels under the Indonesian Bank Restructuring Agency (BPPN).

Among the HK businessmen were Managing director of Shangri-La Asia Ltd. Chye KH Kuok and chairman of Herry Holding Ltd. Kuok K Chen. They expressed interest to expand investment in the agricultural sector.

These companies have invested in hotel industry and plantation sector (oil palm, sugarcane and sugar mills) in Indonesia.