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Indonesian free trade zone woos Chinese businesses
The exploring practical and concrete cooperation between free trade zone(FTZ) Tanjung Pinang and China business community was hold on December 9 at Dongfang Hotel in Guangzhou.

Updated:1481622698Source:Lifeofguangzhou.com

Indonesian officials and Chinese business leaders met in Guangzhou on December 9 to explore ways the two groups could cooperate on boosting Chinese participation in Indonesia’s Tanjung Pinang free trade zone (FTZ).

The goal is to attract more Chinese companies to invest in Tanjung Pinang to improve cooperation between the two countries. Ratu Silvy Gayatri, consul general of the Republic of Indonesia in Guangzhou; Zhang Hua, vice chairman of the Council for the Promotion of International Trade (CCPIT); and Den Yealta, chairman of the Authority of Tanjung Pinang FTZ, participated in the talks, along with various agencies, chambers and business associations.

In delivering the keynote address, Gayatri pointed out that Tanjung Pinang is the capital and second largest city of the Indonesian province of Riau Islands (after Batam). With a strategic location and rich tourism resources, it has great potential for development. As China is the third largest foreign investment country in Indonesia, she added, the government sees cooperation between the countries as very important and hopes to see more Chinese companies initiate businesses with Tanjung Pinang.

Den Yealta introduced the investment environment of Tanjung Pinang to Chinese participants. She said that the local government is strengthening its construction of infrastructure, and Tanjung Pinang is welcoming Chinese enterprises to enter trade exchanges and investment deals in Tanjung Pinang.

(By Penny Liu, Louis Berney)
Editor:Joanna You
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