Sleman hopes to lure investors

Sleman hopes to lure investors

YOGYAKARTA: In a bid to boost economic activities as well as
increase people's welfare, Sleman regency, in the northern part
of Yogyakarta, has declared itself an open regency for investors.

Speaking at an official opening ceremony of a new glove
factory here last week, Sleman Regent Ibnu Subiyanto said the
regency would greatly welcome any investment that would benefit
local people and made a commitment to increasing local economic
development.

"In 2002 alone we received a total domestic investment of some
Rp 43.4 billion that was able to absorb nearly 400 employees,"
said Ibnu. He said the total amount of foreign investment the
regency received for the same year was US$146,000, which had
absorbed some 160 workers.

Sleman's main export commodities include garments, textiles,
wooden furniture, electric light bulbs and golf gloves. -- JP