Thu, 29 Apr 2010

The country’s telecommunication industry is worth up to Rp 30 trillion (US$3.6 billion) in investment within the next two years, a minister says.

Communication and Information Technology Minister Tifatul Sembiring said Wednesday undersea cable and cellular phone manufacturing would emerge as the biggest fields for foreign investment.

“We have asked Nokia to build a factory here, as they did in China and India,” Tifatul was quoted by

The Finnish cellular giant considers Indonesia a good prospect for investment, Tifatul added.

The minister said he estimated the information technology business in the country to be worth Rp 300 trillion per year.