Jakarta needs foreign investors
Jakarta needs foreign investors
JAKARTA (JP): Jakarta still needs local and foreign investors,
but prefers high-tech investment, which is free from pollution
and needs limited space and water, Governor Surjadi Soedirdja
says.
Surjadi said at the signing of a Memorandum of Understanding
between the Jakarta and London Chambers of Commerce and Industry
on Monday that this policy is related to the capital's bid to
become a sister city to London.
The documents were signed by Soekardjo Hardjosoewirjo, chief
of Kadin Jaya (the Jakarta Chamber of Commerce and Industry) and
his British counterpart Alastar Dacre Lacy, the director for the
London Chamber of Commerce and Industry.
Soekardjo told reporters the signing of the MOA followed the
sister-city relationship between London and Jakarta whose signing
was conducted in May.
Under the memorandum, Jakarta and London will cooperate in
several sectors, including commerce and industry; education,
science and technology; transportation, communications and
tourism.
The two cities also agreed to develop mutual understanding and
forge a stronger relationship which is beneficial to both.
Lacy said through the cooperation the London chamber is not
only seeking to promote British goods and services but also
"understand the importance of a two-way trade".
He said he foresees great potential for goods produced by
Indonesian companies in Europe and England can be a focal point
for marketing to Europe.
"However, an ever watchful eye should be kept by Indonesian
manufacturers on levels of price and quality," said Lacy.
Lacy added he especially hopes that cooperation in workshops,
education and transfer of technology could prominently develop
and strengthen the relationship between the two countries.
Based on records at city hall, England ranks sixth among
foreign investors in Jakarta in terms of the number of
investments. It is behind Japan, which tops the list, Hong Kong,
Singapore, Holland and Australia, but is ahead of Australia and
South Korea. The English businessmen handled 34 projects worth
$313 million from 1967 through March 1994. (jsk)