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TOKYO WANTS TO STEP UP INVESTMENT IN INDONESIA.

AsiaPulse News

| September 01, 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

BANJARMASIN, S. Kalimantan, Sept 1 Asia Pulse - Tokyo wants Japanese businessmen to step up investment in Indonesia in a bid to boost economic ties between the two nations, a Japanese official said here Thursday.

"We always encourage our private businessmen to invest in Indonesia," Daisuke Nihei of the Asia Pasific Bureau of the Japanese Foreign Ministry said here.

Daisuke, a 34-year graduate of Gajah Mada University in Yogyakarta, is in South Kalimantan to make an assessment of investments and monitor the political situation in the runup to the 2004 general elections.

In a meeting with the leadership of Golkar Party's South Kalimantan branch, the Japanese official pointed out how much investment from his country would go to Indonesia was determined by private companies in Japan.

"Although the Japanese government cannot force its will on the private sector, we will continue to encourage them to invest in Indonesia," Daisuke said.

He said Japanese investors' ...

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Source: HighBeam Research, TOKYO WANTS TO STEP UP INVESTMENT IN INDONESIA.

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