RI businesses sign accords in Beijing

JAKARTA (JP): Indonesian businesses signed four contracts, three memorandums of understanding and 20 letters of intent in the "Indonesian Opportunities '96" exhibition in Beijing, which closed on Monday, Antara reported yesterday.

The news agency quoted the exhibition's organizing committee as saying that Indonesian exhibitors were also involved in negotiations for hundreds of projects.

The five-day exhibition, which was co-organized by Indonesia's PT Indo Asean Persada (IAP) and China's Sinochem to strengthen trade links between the two countries, featured a total of 31 big and small companies from Indonesia.

According to Antara, the four contracts were secured by the Sahid Group, PT Asia Propertama, PT Mulia Sakti and PT Sucofindo. Two memorandums of understanding were signed by the Citra Group on toll road and rubber dam development in Guangdong province, and another one by the Sahid Group.

The Citra Group also signed seven of the 20 letters of intent produced during the exhibition, while PT Texmaco, PT Bumimas, PT Mulia Sakti Merkatama signed three letters of intent and PT IAP one letter.

Negotiations on 141 projects were agreed to by the Citra Group (seven projects), Batam/BTPB (20), PT Texmaco (seven), Sahid Group (three), PT Bumimas (one), PT IAP (three), PT Mulia Sakti Pratama (23), Indosigma Surya Co. (28), PT Sucofindo (20), Hasanuddin cooperative (three), PT Triayu Baskara (eight), Intermas Pacific (five) and SP Communication (one).

A total of 207 projects were agreed upon for further consideration by the Citra Group (11 projects), Batam/BTPB (30), PT Texmaco (14), Sahid Group (five), Asia Propertama (two), PT Narofel Teknik Indonesia (20), PT Astari Niagara (20), PT IAP (seven), PT Mulia Sakti Merkatama (two), PT Indosigma Surya Co. (40), PT Sucofindo (30), Hasanuddin cooperative (five), PT Triayu Baskara (15) and PT Intermas Pacific (10).

Call

On Monday morning, prior to the closing of the exhibition, a delegation from the exhibition's organizing committee paid a courtesy call on Vice Chairman of the Standing Committee of China's National People Congress Wang Guangying, who also serves as chairman of the China-Indonesia Association.

The delegation included Djermani Sandjayaan, an expert assistant to the coordinating minister for production and distribution, the committee's chairman, Budi Moeffreni, and Indonesian ambassador to China Juwana.

Wang said that his appointment as association chairman reflects the importance placed by China on its relations with Indonesia. (jsk)