5 foreign firms invest 139m in batam last month
Last Updated : GMT 05:21:58
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 05:21:58
Arab Today, arab today

5 foreign firms invest $13.9m in Batam last month

Arab Today, arab today

Arab Today, arab today 5 foreign firms invest $13.9m in Batam last month

Batam
Batam, Riau Islands - Arab Today

Five foreign companies invested US$13.9 million in Batam in the Riau Islands province, in February this year, suggesting that the city remains attractive to foreign investors, an official said.

Three of the companies are from Singapore, one from South Korea and one from Taiwan, Dwi Djoko Wiwoho, director of one-stop integrated services and public relations at the Batam Management Board (BP), said here on Friday. 

The Singaporean companies were all engaged in ship maintenance services, the South Korean company in mining supporting services, and the Taiwanese company in the footwear industry, he said.

"Of the five companies, the one in the footwear industry employs the highest number of workers, which is 800, while the other companies employ an average of 200 workers each," he noted.

Compared to January, the foreign investment in February represented a significant increase, he said.

"In January four foreign companies invested in Batam at the value of US$2.150 million," he said. 

Further, in February two companies from Hong Kong and South Korea, which were engaged in the plastic processing and shipping industries respectively, expanded their businesses in Batam at the cost of US$2.1 million.

Bank Indonesia (the central bank) had earlier predicted that Batam`s economic growth in 2012 would fall to 6-7 percent from 7.1 percent last year due to the global economic crisis.
Source: ANTARA

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

5 foreign firms invest 139m in batam last month 5 foreign firms invest 139m in batam last month

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

5 foreign firms invest 139m in batam last month 5 foreign firms invest 139m in batam last month

 



Arab Today, arab today Modern colorful bedroom renovation

GMT 11:23 2017 Thursday ,21 December

Modern colorful bedroom renovation
Arab Today, arab today For the Variety of Interior Design Styles

GMT 11:14 2017 Tuesday ,19 December

For the Variety of Interior Design Styles

GMT 10:45 2017 Saturday ,04 March

Houthis bomb house of Yemeni resistance leader

GMT 08:50 2017 Saturday ,28 January

I prefer my own music production

GMT 04:15 2017 Saturday ,09 September

Chloe Gosselin appoints Emma Beckett PR

GMT 11:27 2017 Tuesday ,03 January

James leads ailing Cavs

GMT 12:05 2017 Tuesday ,24 January

Parliament must approve start of Brexit proces

GMT 14:42 2016 Wednesday ,17 August

Ford and Baidu invest in self-driving car sensor firm

GMT 23:53 2016 Thursday ,24 November

Court hands down 6-month suspended sentence

GMT 09:14 2016 Saturday ,01 October

Talks with Russia on Syria 'on life support'

GMT 04:03 2017 Thursday ,09 November

Rouhani warns Saudi Arabia of Iran's 'might'

GMT 11:38 2017 Wednesday ,11 January

Deadly mudslide scraps Dakar Rally ninth stage

GMT 14:10 2017 Friday ,24 February

Gunmen cut Baghdad-Anbar road and seize travellers

GMT 17:41 2016 Tuesday ,16 August

Knock, knock! Google Duo video call is here
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday