Indonesian Political, Business & Finance News

Semarang woos more foreign investors

Semarang woos more foreign investors

JAKARTA (JP): Central Java, especially the province's capital, Semarang, offers a wide range opportunities for foreign investment as the area promises a wide array of businesses, a foreign diplomat said.

There are about 40 kinds of businesses in the area which are viable for foreign investments, Belgium's Ambassador to Indonesia Marc Van Rysselberghe said in Semarang over the weekend.

Van Rysselberghe, together with 12 ambassadors from other countries, visited Semarang and its surrounding districts last week, said the city is strategically located for international and inter-island trade and has adequate infrastructure.

During their two-day visit to the province the ambassadors toured several industrial plants and potential industrial sites.

Semarang's Mayor Soetrisno Suharto, who hosted the diplomats at a dinner party on Friday, hoped that the ambassadors' visit would help promote the city and the province among foreign investors.

"The ambassadors will hopefully inform businessmen in their respective home countries of the potential business opportunities they observed during their visit," Antara News Agency quoted Soetrisno.

The visit, organized by the provincial administration, in what it saw as a diplomatic business mission, was designed to further promote the province among foreign investors.(icn)

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