Ministry to issue investment update

JAKARTA: The Ministry of Foreign Affairs is to start publishing a periodic economic update on business opportunities in Indonesia's major provinces so as to help provide reliable information about the country's investment opportunities to foreign investors.

The ministry said Tuesday in Jakarta that the first edition of the newsletter, to be called Update from the Regions, would be launched at the ministry headquarters in Jakarta on Thursday. Minister of Foreign Affairs Hassan Wirajuda and Riau Governor Riau Rusli will be present for the launch of the update.

The first edition of the update will focus on business and investment opportunities in the agricultural, mining and tourism sectors in Riau, in addition to a number of proposals for projects, such as the construction of a highway linking Pekanbaru and Dumai, the construction of an international port and an industrial estate in Tanjung Buton, and the building of a cement plant in Rokan Hulu regency.

The provincial administration will also operate a number of information desks during the launch of the update to provide guests with firsthand information on the province's investment opportunities and investment licensing procedures. JP
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