The hottest Indonesian version of 4trillion invest

2022-08-24
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The Indonesian version of "4trillion" investment will launch huge business opportunities in China

the Indonesian version of "4trillion" investment will launch huge business opportunities in China

China Construction machinery information

"how can Indonesia continuously and stably benefit from China's economic development? This is my biggest concern now, and it is also a question I suggest you to think about."

26, in Surabaya, the second largest city in Indonesia, soegengrahardjo, the Indonesian ambassador to China, raised the above questions to many local business people present at the India China business promotion conference hosted by Indonesian Eagle Airlines

since taking office in March this year, the new ambassador has begun his intensive shuttle inspection in China and Indonesia. In two countries, he visited many places, contacted the business community and local governments, and tried to bridge the cooperation. In his view, one is the world's second largest economy, and the other is the ASEAN economic power with a population of 250million. There are great opportunities for cooperation between the two

"in addition to the capital Jakarta, many parts of Indonesia are also looking forward to strengthening cooperation with China. During my exchange between Surabaya and Makassar (a Xijiang), many local officials in East Java and eastern Indonesia told me that they hope to become partners with some Chinese cities, such as Surabaya and Shenzhen, Makassar and Xiamen." Su Geng said in an interview with China business news

the ambassador's shuttle trip is also warming up the new economic strategy of Indonesian President elect jokowidodo. On October 20, the new president, known as "Obama in Indonesia", will be sworn in. Su Geng revealed that on the day the new president takes office, the Indonesian government will also announce a new economic strategy, including an infrastructure construction plan with a long-term investment of up to IDR 7000 trillion (about 3.6 trillion yuan), which is a great business opportunity for Chinese engineering contractors, financial institutions and related enterprises

"the president designate attaches great importance to China as a partner. He will have a plan to visit China after taking office, but it is inconvenient to disclose it before he takes office." Su Geng said

China Business News learned from a person close to the Indonesian official that zokovi plans to attend the APEC summit in Beijing in November

Indonesian version "4trillion"

according to Su Geng, the new economic strategy of the Indonesian president takes "connectivity" as the platform and focuses on energy security and food security. Among them, Chinese enterprises will face many investment opportunities in the fields of infrastructure construction, development of financial services, agricultural technical cooperation and metal mineral smelting

Indonesia is an archipelagic country with large and small islands. At present, China's crude steel production capacity is at least 200 million tons, which is known as the "country of thousands of islands". The regional economic development of Indonesia is very uneven. Java island, where the capital Jakarta is located, concentrates most of the industry and service industries, while Kalimantan island, which is rich in coal, and Sulawesi island, which has gold, nickel, zinc and other metal minerals, have insufficient development in infrastructure, transportation and other aspects

"the new Indonesian government is determined to greatly improve the connectivity between our islands and between our country and the rest of the world." p>

according to him, the projects planned and partially implemented by the central and local governments in Indonesia under constant temperature include: the construction of 600 kilometers of Pan Sumatra highway between cities in Sumatra island and similar highway projects on other major islands; Build a high-speed railway from Jakarta to Surabaya via Bandung on the most economically developed Java island; Deep water ports will be built in wangjiaxi, byak and Bitong. It is estimated that the long-term investment involved in the "connectivity" strategy will be as high as IDR 7000 trillion

"Chinese engineering contractors have confirmed their strength with Surabaya Madura bridge and other projects (undertaken by China Communications Construction Group). I think they can continue to win many contracts from Indonesia as long as the conditions are suitable." Su Geng said

matched with large-scale infrastructure, Indonesia's logistics and passenger transport services are also expected to accelerate development. Iwayansuagia, vice president of Greater China of Indonesia Eagle Airlines, revealed that in addition to the direct flights from Beijing, Shanghai and Guangzhou to Jakarta, the company is planning to identify a transportation hub city in eastern Indonesia and open a direct route from Shanghai to eastern Indonesia. At present, Makassar, located at the southern end of Sulawesi island, is more likely

asaperkasa, general manager of the company's Beijing office, also said that as Indonesia's national airline, Indonesia Eagle Airlines is not only undertaking the transportation of passengers and goods between China and India, but also actively helping enterprises of the two countries to expand business opportunities and open a second direct destination, which is also to better serve Chinese enterprises to participate in the development of eastern Indonesia

the ban on mineral exports will remain unchanged

in addition to rationalizing economic and geographical conditions, the Indonesian government is also determined to optimize its trade structure, reduce the export of minerals, raw materials and other primary products, and increase the proportion of high value-added products in exports

in 2009, the Indonesian parliament passed Law No. 4 - mineral and coal mining law, which stipulates that the export of unrefined raw ores will be prohibited from 2014, so as to encourage the development of the domestic mineral smelting industry, promote industrialization and employment, and improve the economic value of non renewable resources

this law has greatly shocked the mining industry in Indonesia, and also made many Chinese businessmen and Chinese businessmen who operate mining industry in Indonesia feel uncomfortable

"our miners in Indonesia suffer thousands of hardships (zinc) and misfortunes (coal) and sins (nickel). Although they work hard, they used to be profitable." Qiu Feng, who has been involved in the mining industry in Indonesia for more than ten years, told China business news, "as soon as this Law No. 4 comes out, raw ores are not allowed to be exported, and we have to find someone to invest in smelters. Business is much harder than before."

"we are also in contact with some smelting enterprises in China, but everything can be determined only after the new president takes office." Yangkunhuang and his son, Chinese businessmen who operate mining in Surabaya and wangjiaxi, said that although Law No. 4 has been implemented theoretically for more than nine months, many local mine owners are still waiting and waiting, and are not in a hurry to invest in smelters. "Will laws and policies change as the new government comes to power? Smelting investment is very large, and no one wants to risk their own money."

but Su Geng made it clear to China business news that law No. 4 is a law passed by the Congress, and the executive department has no power to modify it casually. Moreover, enhancing the added value of export products is the fundamental appeal of benefiting the country and the people. Ore was originally the largest category of Indonesian exports. Once the ban was issued, Indonesia's exports to many countries fell significantly, causing a large deficit in the short term. Nevertheless, the Indonesian parliament has resolutely legislated, which shows that the whole country has a political consensus on this issue, and the new president will certainly implement this matter with great determination

as for the trade deficit, Su said he was confident to make up for the share of raw ore exports by promoting the export of agricultural cash crops and refined mineral products: "I believe Indonesia's trade with China can return to a relatively balanced level in two to three years."

don't rely on local governments to handle everything

Indonesia's new economic strategy means a lot of investment opportunities for Chinese enterprises, but to invest successfully in Indonesia, there are also many risks and difficulties that need to be controlled and overcome, and it consists of many accessories

Su Geng believes that Chinese enterprises should pay attention to four points when investing in Indonesia. First, find the right partner. We should look for high credit partners and mature projects in Indonesia. You can meet reliable businessmen through government investment departments and chambers of commerce across Indonesia. Second, the price should be competitive. Third, quality can be guaranteed. Fourth, be able to complete the project on time

the above-mentioned people close to Indonesian officials emphasized the need to understand Indonesia's national conditions. In Indonesia, the power of the government is not as big as some people think. For example, the land in Indonesia is private. If you want to invest and build a factory in a certain place, you must have a good relationship with the owner of the land and buy or rent the land on terms satisfactory to both parties, rather than hoping that the government will do it all, as some Chinese investors do. "The government really can't handle this kind of thing. The land is private, and the government has no power to impose it." He said

in addition, several anti Chinese incidents in Indonesian history, especially the one in 1998, still cast a shadow on the hearts of the Chinese public. In this regard, Ambassador Su Geng frankly expressed his attitude of facing up to history and the confidence of the Indonesian government that such events will not happen again

"it can't be denied that things happened in the past and fruit and vegetable juice can be absorbed. After 1998, we also have a lot of reflection. The Indonesian government has also introduced many policies, hoping to ease the inequality between all classes and ethnic groups in the country, so as to eliminate the social foundation of the phenomenon of exclusion of China." Su Geng said, "the lessons of the past have also made today's Indonesian society more diverse and inclusive. Indonesia's ethnic, religious and cultural diversity is very diverse. Every Indonesian should accept this diverse world from birth, and realize that diversity is precisely the advantage of Indonesia."

Su hopes that the Chinese people and the Indonesian people, together, will not forget history and look forward more. The future is the opportunity

Copyright © 2011 JIN SHI