China more important trade partner for Indonesia
( 2003-12-08 15:33) (Xinhua)
China is becoming a more important trade partner for Indonesia and in the
next few years China's investment in Indonesia will keep growing, an Indonesian
top economic minister was quoted Monday as saying by Kompas newspaper.
China's investment will be crucial for Indonesia's plan to optimize
infrastructure development, primarily in power sector, Coordinating Minister for
Economic Affairs Dorodjatun Kuntjoro- Jakti said Sunday in a seminar involving
international investors on the resort island of Bali.
"They (China) offer huge export credits that we can use for infrastructure
development, for instance is the construction of below 100 Megawatt power
plants," the minister said.
He also noted that China's export credit helped finance the construction of
the cross-sea Suramadu bridge linking Java and the island of Madura.
On the other hand, Indonesia provides a big market for Chinese companies, he
added.
"When I take a deeper look, it appears that the cooperation we have with
China is a medium-term pattern. We will welcome if they (Chinese investors)
invest more here while struggling for their export credits," Dorodjatun
said.
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