Taiwan's investment to Indonesia is profitable

By : Wiyanto Dan Aldo Bella Putra | Wednesday, November 08 2017 - 21:00 IWST

Standard Chartered Bank Indonesia (Foto Ist)
Standard Chartered Bank Indonesia (Foto Ist)

INDUSTRY.co.id - Jakarta - Standard Chartered Bank Indonesia expects Taiwan to diversify the 80% investment destination country to China, to shifting to Indonesia.

Aldian Taloputra, Chief Economist of Standard Chartered Bank Indonesia, said shifting allocation of investment destination countries could reduce risk.

"The impact is relatively small, but the new southbond, Taiwan needs new investment because 80% to China is risk," he said in Jakarta on Wednesday (8/11/2017).

He said the data of the Investment Coordinating Board (BKPM), Taiwan's investment to Indonesia US $ 0.34 billion rose above 2x, compared to US $ 0.15 billion in 2016. Taiwan is not the largest, he was at level 13, but growth rapidly, "he said.

From the data, he added, investment of 58% in Java, 40% of Sumatra and the rest outside the island.

He further detailed the sector, as much as 35% to industrial pipers, 23% non metal minerals, 22% rubber sector.
 

"This investment should help, especially Indonesia climb value change to manufacturing," he said.

News Comment

Today's Industry

NORD-DuoDrive.jpg: The innovative and patented DuoDrive geared motor reaches outstanding system efficiency Image: NORD DRIVESYSTEMS

Selasa, 17 Mei 2022 - 14:00 WIB

NORD DRIVESYSTEMS at LogiMAT in Stuttgart From 31st May to 2nd June 2022 NORD will present innovative drive solutions for intralogistics

The specialist LogiMAT exhibition in Stuttgart offers as comprehensive overview of the intralogistics and process management market. As one of the market leaders for drive technology, NORD presents…

President Jokowi attends the meeting between ASEAN leaders and American entrepreneurs at Intercontinental the Willard Hotel, Washington DC, Thursday (05/12). Photo by: Laily Rachev

Selasa, 17 Mei 2022 - 13:00 WIB

President Jokowi Invites US CEOs to Boost Cooperation with Indonesia

President Joko “Jokowi” Widodo has invited company CEOs in the United States to boost cooperation with ASEAN countries, particularly Indonesia.

President Jokowi, President Biden, and ASEAN Leaders on a group photo prior to the dinner, at the White House, Washington D.C., Thursday (05/12)

Selasa, 17 Mei 2022 - 12:28 WIB

President Jokowi, ASEAN Leaders Attend Dinner Hosted by US President

President Joko “Jokowi” Widodo Thursday (05/12) attended a dinner with the leaders of ASEAN countries hosted by President of the United States Joe Biden at the White House, Washington D.C.

(Photo: © 2022 KRAIBURG TPE)

Selasa, 17 Mei 2022 - 11:23 WIB

TPE unleashes benefits for pet accessories

The pet care market is rapidly expanding as pet ownership increases, as does spending on pet food, grooming tools, and accessories. Pet owners are significantly concerned about the prevalence…

Sergey Sedov, Founder and CEO of Robocash Group

Jumat, 13 Mei 2022 - 16:15 WIB

Robocash Group reached 2 BN USD of disbursement and issued audited financial report of 2021

Robocash Group publishes the audited combined financial statements for the year ended 31 December 2021. The Group reached an all-time high 2 BN USD of issued financing and is expected to increase…