Thu, 25 Mar 2010

TEMPO Interactive, Jakarta: Thailand businesses expressed their interests in setting up autoparts plants in Java in the near future, the Investment Coordinating Board said on Wednesday (24/3).

Head of the agency Gita Wirjawan told a press conference in Jakarta said “They are keen in building car and motorcycle spareparts factories.”

About 25 businesspersons from Thailand, Gita said are seeking to build the plants in java but no specific area or region made clear by the government, but the board is mediating negotiation between the Thailand side and the local business associations like the Indonesia Chamber of Commerce and the Indonesian Young Businessmen Assocciation.

The plans proved Indonesia's investment appeal remains high as the country is still the largest country in south east Asia by population.