Investment in Developing Countries Predicted to Rise
Thursday, 12 April, 2007 | 13:37 WIB

Tempo Interactive, Jakarta: Investment in developing countries, including Indonesia, will continue growing.

This opinion was conveyed by Mark Mobius, President of Templeton Emerging Markets Fund Inc.

The reason he gave was that the inflation rate was decreasing and already under control.

“Developing countries, especially in Asia, have learned from the experience of the crisis in 1997,” he said during the “Global Emerging Market” discussion at the Grand Hyatt Hotel in Jakarta.

Mobius considers that foreign investors’ confidence about investing in developing countries is rising because the countries are regarded as able to repay their loans.

In addition, he said, investment is easier because more countries have money markets.

Mark Te Riele, Head of Asia Business Development and Client Relations from Fortis, said that investment in Indonesia will be beneficial with the decrease in interest rate and will promote loan disbursements for investment.

DESY PAKPAHAN
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