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INDONESIA, SINGAPORE CONDUCT JOINT INVESTMENT PROMOTION IN JAPAN.

AsiaPulse News

| July 01, 2008 | COPYRIGHT 2008 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

TOKYO, July 1 Asia Pulse - Indonesia and Singapore conducted a joint promotion activity before about 200 Japanese businessmen at a seminar held here on Monday to attract Japanese investors.

The joint promotion was held by Indonesia's Trade Minister Mari Elka Pangestu and her Singaporean counterpart Trade and Industry Minister Lim Hng Kian at Tokyo's Imperial Hotel.

The head of Indonesia's Capital Investment Coordinating Board (BKPM) M Lutfi, Riau Islands Governor Ismet Abdullah and Secretary General of Japan-ASEAN Center, Nautoshi Akao, also attended the event.

Mari Pangestu was promoting free trade zones (FTZ) in Batam, Bintan and Kairmun (BBK) islands. These areas are designed to function as a center for international trade and investment in Indonesia.

Indonesia with its BBK zones and Singapore could complement each other so that they could also strengthen cooperation within ASEAN.

"A number of new policies have been made such as a new investment law, tax reforms ...

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