Sat, 18 Jun 2005

Japanese ready to invest in Yogya

YOGYAKARTA: After seeing for themselves conditions in Yogyakarta, a group of 15 businesspeople from Japan expressed their commitment to invest in the province but declined to reveal the total value of the planned investment.

Confirmation of their commitment to invest came on Thursday after the group, which had been in the city for three days, met with Yogyakarta Governor Sultan Hamengkubuwono X at his office.

"They came to see the province for themselves and promptly expressed a willingness to invest here," the sultan said after the meeting.

Among the visiting businessmen were representatives from leading Japanese companies such as Kume Yuko, Katano Seiichi, Oishi Kazumasha and Hashida Takeshi. -- JP