U.S. investors to visit Batam

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