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INDONESIA'S BATAM LICENCES 80 FOREIGN INVESTMENT PROJECTS IN 2002.

AsiaPulse News

| January 02, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

BATAM, Jan 2 Asia Pulse - Indonesia's Batam Authority licenced 80 foreign investment projects worth US$225.77 million in the January-November period of 2002, up 38 per cent from the same period in the prior year.

The authority said that most of the investment came from Singapore, followed by Korea, Taiwan, the United States, Japan, Hong Kong, the British Virgin Islands, Australia, Britain, Sweden, China, Malaysia and Mauritius.

Most of the foreign investors were engaged in electronic, shipping, hotel, construction and service industries, employing more than 2,000 workers.

In the January-November period of last ...

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Source: HighBeam Research, INDONESIA'S BATAM LICENCES 80 FOREIGN INVESTMENT PROJECTS IN 2002.

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