Hong Kong Investors Interested in 50 Infrastructure Sectors in Indonesia

INDUSTRY.co.id - Jakarta - The Hong Kong Trade Development Council (HKTDC) has identified 50 infrastructure investment projects in Indonesia that are potential to be worked on by Hong Kong investors.

"We have identified more than 50 infrastructure projects and today our delegation is holding a one on one meeting to see which projects are likely to be of interest to them," said HKTDC Chairman Vincent Lo after the Hong Kong-Shanghai Investment Mission in Jakarta , Wednesday (26/4/2018)

It is expected that business matchmaking can generate new business and investment opportunities through the cooperation of Indonesian and Hong Kong businessmen.

Lo said the Hong Kong business delegation has been to Indonesia several times to discuss cooperation opportunities. However, this is the first time since the initiative of the 21st Century Silk Road and Maritime Lane initiative or "Belt and Road" is run.

"We can often visit here if there will be reciprocal with Indonesia in the same interest," he said as quoted by Antara.

Lo said that although the framework of the Belt and Road initiative focuses on infrastructure investment, Hong Kong-facilitated Hong Kong investors will not be limited to sectors within the framework alone.

He also said the project will be targeted Hong Kong investors not only projects proposed in the initiative but across Indonesia.

Unfortunately, he is reluctant to explain further the infrastructure projects that Hong Kong investors are interested in. However, he ensures that several prestigious Hong Kong companies to China's largest state-owned CITIC Group Corporation are keen to invest in Indonesia.

"The important thing is that the project is feasible and 'bankable', once the infrastructure is built, I believe everything can continue from tourism, trade to manufacturing," he said optimistically.