S'pore team to Sulawesi

S'pore team to Sulawesi

SINGAPORE (DPA): Singapore's government plans to send a trade delegation to the Indonesian island of Sulawesi, officials said over the weekend.

The group of 21 businessmen and officials is set to leave Singapore Monday for the six-day mission, according to a statement from Singapore's Trade Development Board (TDB).

One of the group's aims is to explore possible joint ventures in Indonesia's seafood sector. "The fisheries potential of Indonesia is huge, estimated at 6.7 million tons of marine produce annually," the statement said.

The group also plans to look for new sources of exportable commodities and to identify investment opportunities in upstream or downstream activities, such as processing and packaging, for primary commodities.