22.6 C
June 16, 2021

Romania’s companies, invited to invest in Indonesia

Romania’s companies are expected to invest in Indonesia, which has an economy that ranks 34th in the Global Competitiveness Index, said on Thursday the Regional Director of the Coordinating Board of Investments in Indonesia (BKPM), Siswaka Sundjana, in a specialist symposium.

Indonesia’s ranking represents a four-place leap in this index, a hierarchy in which 144 countries have been analyzed.

According to official data, in the first three quarters of 2014, the trade between Romania and the Republic of Indonesia amounted to 140.48 million dollars, up by 23 percent from the total trade recorded in 2013, when the value of 114.381 million dollars was reached, of which the exports stood at 15.268 million dollars, and the imports at 99.113 million dollars. In terms of the number of registered commercial companies, Indonesia ranks 106th among the countries investing in Romania.

The Romanian community in the Republic of Indonesia has some 50 people, according to the Romanian Foreign Ministry.

Romania’s Chamber of Commerce and Industry (CCIR) organized, on Thursday, in partnership with Indonesia’s Embassy in Bucharest and Indonesia’s Coordinating Board of Investments, a seminar on ‘Business Opportunities in Indonesia – Romania’s Chamber of Commerce and Industry.’


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