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#32184 - 02 Jun 06 17:17 TEMPO/Investment From Middle East Doubtful
biznews Moderator Offline
Pujangga Besar

Registered: 24 Apr 08
Posts: 7508
Loc: Jakarta
Investment From Middle East Doubtful
Friday, 02 June, 2006 | 15:16 WIB

Tempo Interactive, Jakarta: Economist Faisal Basri doubts the entry of investment from Middle East countries to Indonesia. He believes that the government is mistaken to expect funds to be transferred from the leaders of these oil-producing countries.

According to Faisal, a large part of the money belonging to the Middle East oil kings is organized by fund managers from Europe and America. “So if one wants to take hold of the fund, he must meet with the fund managers first,” said Faisal in Jakarta yesterday.

However, if a party wants to obtain a grant or loans from Middle East countries, Faisal continued, the appropriate place to go to is the Islamic Development Bank. “So a promise of investment amounting to US$ 5.3 billion is nonsense,” he said.

The government, said Faisal, must be more realistic in looking for investment sources. He also said the government is not serious enough in looking for sources domestically and abroad when there are not any more investments from domestic sources.

_________________________ Indonesian Business and Investment News Aggregator

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#32185 - 02 Jun 06 17:21 Re: TEMPO/Investment From Middle East Doubtful
Patung Offline

Registered: 11 Mar 06
Posts: 234
Loc: Indonesia
Certain people keep waffling about Islamic unity but it doesn't seem to amount to much, in economic terms they really should pay more attention to good relations with east Asian countries, west european ones, even America.

#32186 - 02 Jun 06 17:34 Re: TEMPO/Investment From Middle East Doubtful
KuKuKaChu Moderator Offline
Pooh Bah

Registered: 09 Oct 05
Posts: 10790
Loc: Centre of the Universe
arabs are much more interested in London, Paris and New York than grubby old Jakarta.
KuKuKaChu: dangerously too sophisticated

#32187 - 02 Jun 06 20:05 Re: TEMPO/Investment From Middle East Doubtful
Polar Bear Offline
Pujangga Besar

Registered: 23 Nov 05
Posts: 6177
Originally posted by KuKuKaChu:
arabs are much more interested in London, Paris and New York than grubby old Jakarta.
Personally i would put every fucking one of them on a slow boat home. They cause trouble and mayhem in their own shitholes, then turm up somewhere else and try to do the same there.


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