U.S. investors to visit Batam

Wed, 24 Sep 2003, 00:00 WIB | Source: JP

SINGAPORE: About 40 American businessmen grouped in the
American Chamber of Commerce (Amcham) in Singapore plans to visit
Indonesia's industrial island of Batam to view business
opportunities there.

The visit is scheduled for Nov. 14, Amcham chairperson
Kristine L. Paulina said on Tuesday after a presentation by Batam
Industrial Development Authority (BIDA) chairman Ismet Abdullah
during a seminar here.

Ismeth said in the seminar that Batam had attracted 35 foreign
investors that had invested a total of US$3.7 billion in the
island. Of the 35 investors, 24 are American companies with a
total investment of $57 million in Batam. -- JP

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