Indonesian Delegation Seeks UK Investment
9th August 2010
A delegation from the Indonesian Embassy visited Liverpool Chamber today seeking partners and investment.
The delegation was headed by Tumpal Hutaggalung, Minister Counsellor, based at the Embassy in London. He said: "We consider the UK a trading and investment partner, our economy is growing by around 5% and we are looking for UK investment, particularly in technology."
The UK is already the second biggest investor in Indonesia making up 41 per cent of the foreign investment in the country. This was led by mining and energy companies and now spreading into retail with M& S and Mothercare make their presence felt.
Mr Hutaggalung continued: "David Cameron is encouraging UK businesses to go into emerging markets and we are offering that opportunity. The Indonesian government is prioritising developments in infrastructure, energy and agriculture and is about to undertake a five year road building programme and railway upgrade. We need port and electricity generation expertise and have opportunities in design and construction. Creative industries are more advanced in the UK and we are also looking to learn from best practice examples."
Contact Elena Enciso at Liverpool Chamber of Commerce at elena.enciso@liverpoolchamber.org.uk or on 0151 227 1234 for more details.
