Investment exhibition opens

Investment exhibition opens

JAKARTA (JP): State Minister for Investment Sanyoto
Sastrowardoyo opened an investment exhibition yesterday aimed at
promoting investment opportunities in the country's less-
developed regencies.

The five-day Investrade Indonesia Expo '96 at the Jakarta
Fairgrounds presents 65 participants, including companies and the
administrations of less-developed provinces and regencies.

The participating companies include PT Pupuk Sriwijaya, PT
Pupuk Iskandar Muda, PT Surveyor Indonesia, PT Texmaco Group and
PT Krakatau Industrial Estate. The participating administrations
represent the regencies of Brebes, Blora, Demak, Pati and Jepara
of Central Java; North Aceh, East Aceh, South Aceh and Southeast
Aceh of Aceh; Dairi of North Sumatra; Muara Enim of South
Sumatra; East Flores, North Central Timor and Ngada of East Nusa
Tenggara; Dompu of West Nusa Tenggara and Southeast Maluku of
Maluku.

Dairi regent S. Is. Sihotang told The Jakarta Post that Dairi,
considered as a less-developed regency, features investment
opportunities in the tourism and agribusiness sectors at the
fair.

Sanyoto, who is also chairman of the Investment Coordinating
Board, said that Indonesia -- in its efforts to expand the
economy by 7.1 percent per annum until 1999 -- needs investments
of about Rp 100 billion per year.

The fair is organized by PT Wahyu Promocitra. (jsk)