Sat, 29 May 2010

Jakarta (ANTARA News) - Irish Ambassador to Indonesia Richard O`Brian has said his country would increase bilateral cooperation with Indonesia in the field of economy and business, trade, and investment.

"Indonesia has a lot of potentials not only in the field of agriculture and natural resources, but also in its market development with innovation and technology, especially communication technology," the Irish envoy told the newsmen here on Thursday.

Therefore, O`Brian has dedicated Ireland Business Network to facilitate and to step up bilateral relations with Indonesia in economy and business, trade, and investment.

O`Brian said that with such a business network, starting early next year a regular annual general meeting would be conducted to start the operations of the Indonesian Chamber of Commerce and Industry (Kadin) office in Ireland.

"The Ireland Business Network reveals that Irish business players have a profound interest to do business in Indonesia, and the two countries have intensive relations in trade, investment, and tourism," O`Brian said.

He added that in 2009, trade value between Indonesian and Ireland reached 1.2 billion euro, and as much as 650 million euro was obtained by Indonesia through food and beverage, and communication and information technology sectors.

"Trade value between the two countries reached 1.2 billion euro in 2009 with a surplus of 650 million euro for Indonesia and the rest was for Ireland," O`Brian said.

He added that the situation and condition in Europe at present was conducive for Irish investors to continue investing in Indonesia because, according to him, the economy should continue to move forward.

"We are currently making area transformation, but I want to say that we will continue to peer ahead, and build business network with Indonesia," he said.

A lot of Irish companies at present are doing business in Indonesia, among others Kerry Group Plc, and Independent News and Media Plc AT PT Abdi Bangsa.