Indonesian Political, Business & Finance News

Polish businesses eye Indonesia as business base

| Source: GOI
A number of Polish businesses are considering making Indonesia a base for their business activities, a Polish diplomat said, Asia Pulse reported.

Damian Irzyk, economic affairs chief at the Polish Embassy in Jakarta, said on Thursday Indonesia was now seen as being on equal footing with other Asian countries such as Japan, China and India and as having great potential.

He said there were many sectors that could be developed in Indonesia such as markets for Polish products and energy.

According to Irzyk, a Polish firm has invested in coal processing in Kalimantan and Sumatra since 2007, while another company was studying an investment location for the development of coal business in Kalimantan with an investment of $500 million to $1 billion.

"There will be two more Polish companies which are expected to operate in Indonesia this year. But we are not yet able to disclose the field and location of their business," Irzyk said.

Indonesia's exports to Poland over the past two months reached $123 million, ten times Poland`s exports to Indonesia at $10 million.
Tags: business
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