Taiwan`s investment in Indonesia reaches US$13 billion
Jakarta (ANTARA News) - Taiwan`s investment in Indonesia until 2008 reached US$13.837 billion and the amount is still to increase in line with the country`s economic development.
Director of Economic Division of Taipei Economic and Trade Office (TETO) Bennet Wen-bin Chen said here on Wednesday Taiwan`s investment in Indonesia was the eighth biggest after other big countries investing in the country.
"Taiwan`s investment in Indonesia this year will probably continue to rise," he said.
Taiwan investors have invested in 1,239 companies in Indonesia including several renown firms such as Pao-cheng Shoes Co., ACER, Bank Chinatrust, President Food, RSEA, Evergreen Group and Na Ya Plastics Corp.
"Taiwan has not only put an investment but has also contributed managerial- and technical-skilled employees totalling around 10,000," he said.
He said cooperation between Taiwan and Indonesia had been done since 1990 in the fields of energy, economy, agriculture, investment assessment and protection and eradication of double taxation.
He said Taiwan had also provided scholarships for Indonesian students wishing to study at universities in Taiwan and also training for Mandarin teachers and had also cooperated with Indonesia under APEC and WTO programs. (*)
Director of Economic Division of Taipei Economic and Trade Office (TETO) Bennet Wen-bin Chen said here on Wednesday Taiwan`s investment in Indonesia was the eighth biggest after other big countries investing in the country.
"Taiwan`s investment in Indonesia this year will probably continue to rise," he said.
Taiwan investors have invested in 1,239 companies in Indonesia including several renown firms such as Pao-cheng Shoes Co., ACER, Bank Chinatrust, President Food, RSEA, Evergreen Group and Na Ya Plastics Corp.
"Taiwan has not only put an investment but has also contributed managerial- and technical-skilled employees totalling around 10,000," he said.
He said cooperation between Taiwan and Indonesia had been done since 1990 in the fields of energy, economy, agriculture, investment assessment and protection and eradication of double taxation.
He said Taiwan had also provided scholarships for Indonesian students wishing to study at universities in Taiwan and also training for Mandarin teachers and had also cooperated with Indonesia under APEC and WTO programs. (*)