ID :
159558
Wed, 02/09/2011 - 05:05
Auther :
Shortlink :
https://oananews.org//node/159558
The shortlink copeid
INDONESIAN CHINESE BUSINESS LEADERS COMING TO M'SIA TO EXPLORE INVESTMENT PROSPECTS
By Ahmad Fuad Yahya
JAKARTA, Feb 9 (Bernama) -- A delegation of Indonesian Chinese captains of
industry are to visit Malaysia this month to explore investment prospects
particularly in projects under the Economic Transformation Programme (ETP).
Malaysian Ambassador to Indonesia Syed Munshe Afdzaruddin Syed Hassan
said they are from two groups of entrepreneurs -- China Chamber of Commerce
Committee of Indonesia (KIKT) and Indonesian Employers Association and Chinese
Society (Permit).
The delegation, expected to be in Malaysia on Feb 24 and 25, will meet
International Trade and Industry Minister Mustapa Mohamed.
"We hope the meeting will yield positive results in efforts to boost
Indonesian
investments in Malaysia. Currently, the investments are still far below
vis-a-vis Malaysia's investments in Indonesia," he told Bernama.
The visit comes as a follow-up to the meeting between Mustapa and the
investors
here in August last year.
At the meeting, Mustapa invited them to study investment opportunites in
various sectors in Malaysia.
Besides meeting Mustapa, the investors will be briefed on the ETP by the
Malaysian Investment Development Authority (MIDA).
They will also meet their Malaysian counterparts in the Malay Chamber of
Commerce Malaysia and the Associated Chinese Chambers of Commerce and Industry
of Malaysia.
Meanwhile, Economic Advisor at the Malaysian Embassy in Indonesia Syahril
Syazli Ghazali said efforts to woo Indonesian investors to Malaysia is being
stepped up as potential Indonesian investors, including from Permit and KIKT,
have already invested in countries like Australia, China and Singapore.
Currently, investment value between Malaysia and Indonesia is in Malaysia's
favour.
Between 2007 and 2009 (investments in various sectors), Malaysia's
investments
in Indonesia totalled US$3.6 billion, while Indonesia's investments in Malaysia
amounted to only US$241 million.
In the manufacturing sector, MIDA records showed projects involving
Indonesian
investments in Malaysia totalled US$0.64 million (two projects in 2009) and
US$4.1 million (nine projects in 2010).
Meanwhile, Indonesian Capital Investment Coordinating Body (BKPM) figures
showed Malaysian investors' participation in Indonesia's manufacturing sector
totalled US$129.3 million (75 projects in 2009) and US$604 million (172
projectsin 2010 2010).
Syed Munshe Afdzaruddin said the increase in investments and bilateral trade
was one of the areas being given keen attention by the Malaysian Embassy in
efforts to enhance two-way relations in the economic field.
Focus is also given to the settlement of two key issues which often create
a hiccup in diplomatic relations with Malaysia and Indonesia -- sending of
Indonesian workers to work in informal sectors in Malaysia and maritime border
issue.
Negotiations on sending Indonesian maids to Malaysia are currently at
technical
committee study stage to prepare a more comprehensive and clear memorandum of
understanding (MoU) with regard to employer-employee protection.
Talks on maritime border dispute are also underway to find a final
settlement
between both sides, he said.
The two issues are likened as the "thorn in the flesh" in the
Malaysia-Indonesia diplomatic relations as they often trigger tension in
relations
between the people of the two friendly neighbours.
Several cases of Indonesian maids being ill-treated by irresponsible
Malaysian
employers have aroused the anger of Indonesians, prompting the Indonesian
Government to stop sending their nationals to work in the informal sectors
pending hammering out a fresh MoU to better guarantee their safety.
The maritime border issue also often crops up as a "hot issue" particularly
when both sides argue that their fishermen and enforcement officers encroached
into their territoral waters, thus breaching provincial sovereignty.
The settlement of the two key issues and boosting Indonesian investments in
Malaysia can ease the negative perception of Indonesians on Malaysia.
In efforts to boost ties between Malaysians and Indonesians, the Malaysian
Ambassador is happy to see several non-governmental organisations, including
Association of Journalists Malaysia Indonesia friendship (ISWAMI) and Eminent
Persons Group (EPG) coming in to help establish a closer rapport through various
programmes they organised.
A meeting between the Malaysia and Indonesia Islamic dakwah bodies will also
be arranged to enhance religious relations.
Recently, ISWAMI hosted a Malaysia-Indonesia economic seminar (SEMI 10) in
Bandung, also participated by Malaysia's top artistes and entrepreneur
Nurhaliza Tarudin.
Prior to that, Malaysian students in Indonesia also hosted Bandung Games
participated by students from the two countries.
Syed Munshe Afdzaruddin said apart from non-governmental organisations, all
quarters in Malaysia could also play their respective roles to establish closer
rapport among the people.
For instance, employers can encourage housemaids to speak about the good
treatment they received in Malaysia.
Similarly, the 14,000 Indonesian students in Malaysia and 6,000 Malaysian
students in Indonesia can serve as "goodwill envoys" to help citizens of both
nations to understand the cultures of each other and to erase prejudice among
them.
-- BERNAMA
JAKARTA, Feb 9 (Bernama) -- A delegation of Indonesian Chinese captains of
industry are to visit Malaysia this month to explore investment prospects
particularly in projects under the Economic Transformation Programme (ETP).
Malaysian Ambassador to Indonesia Syed Munshe Afdzaruddin Syed Hassan
said they are from two groups of entrepreneurs -- China Chamber of Commerce
Committee of Indonesia (KIKT) and Indonesian Employers Association and Chinese
Society (Permit).
The delegation, expected to be in Malaysia on Feb 24 and 25, will meet
International Trade and Industry Minister Mustapa Mohamed.
"We hope the meeting will yield positive results in efforts to boost
Indonesian
investments in Malaysia. Currently, the investments are still far below
vis-a-vis Malaysia's investments in Indonesia," he told Bernama.
The visit comes as a follow-up to the meeting between Mustapa and the
investors
here in August last year.
At the meeting, Mustapa invited them to study investment opportunites in
various sectors in Malaysia.
Besides meeting Mustapa, the investors will be briefed on the ETP by the
Malaysian Investment Development Authority (MIDA).
They will also meet their Malaysian counterparts in the Malay Chamber of
Commerce Malaysia and the Associated Chinese Chambers of Commerce and Industry
of Malaysia.
Meanwhile, Economic Advisor at the Malaysian Embassy in Indonesia Syahril
Syazli Ghazali said efforts to woo Indonesian investors to Malaysia is being
stepped up as potential Indonesian investors, including from Permit and KIKT,
have already invested in countries like Australia, China and Singapore.
Currently, investment value between Malaysia and Indonesia is in Malaysia's
favour.
Between 2007 and 2009 (investments in various sectors), Malaysia's
investments
in Indonesia totalled US$3.6 billion, while Indonesia's investments in Malaysia
amounted to only US$241 million.
In the manufacturing sector, MIDA records showed projects involving
Indonesian
investments in Malaysia totalled US$0.64 million (two projects in 2009) and
US$4.1 million (nine projects in 2010).
Meanwhile, Indonesian Capital Investment Coordinating Body (BKPM) figures
showed Malaysian investors' participation in Indonesia's manufacturing sector
totalled US$129.3 million (75 projects in 2009) and US$604 million (172
projectsin 2010 2010).
Syed Munshe Afdzaruddin said the increase in investments and bilateral trade
was one of the areas being given keen attention by the Malaysian Embassy in
efforts to enhance two-way relations in the economic field.
Focus is also given to the settlement of two key issues which often create
a hiccup in diplomatic relations with Malaysia and Indonesia -- sending of
Indonesian workers to work in informal sectors in Malaysia and maritime border
issue.
Negotiations on sending Indonesian maids to Malaysia are currently at
technical
committee study stage to prepare a more comprehensive and clear memorandum of
understanding (MoU) with regard to employer-employee protection.
Talks on maritime border dispute are also underway to find a final
settlement
between both sides, he said.
The two issues are likened as the "thorn in the flesh" in the
Malaysia-Indonesia diplomatic relations as they often trigger tension in
relations
between the people of the two friendly neighbours.
Several cases of Indonesian maids being ill-treated by irresponsible
Malaysian
employers have aroused the anger of Indonesians, prompting the Indonesian
Government to stop sending their nationals to work in the informal sectors
pending hammering out a fresh MoU to better guarantee their safety.
The maritime border issue also often crops up as a "hot issue" particularly
when both sides argue that their fishermen and enforcement officers encroached
into their territoral waters, thus breaching provincial sovereignty.
The settlement of the two key issues and boosting Indonesian investments in
Malaysia can ease the negative perception of Indonesians on Malaysia.
In efforts to boost ties between Malaysians and Indonesians, the Malaysian
Ambassador is happy to see several non-governmental organisations, including
Association of Journalists Malaysia Indonesia friendship (ISWAMI) and Eminent
Persons Group (EPG) coming in to help establish a closer rapport through various
programmes they organised.
A meeting between the Malaysia and Indonesia Islamic dakwah bodies will also
be arranged to enhance religious relations.
Recently, ISWAMI hosted a Malaysia-Indonesia economic seminar (SEMI 10) in
Bandung, also participated by Malaysia's top artistes and entrepreneur
Nurhaliza Tarudin.
Prior to that, Malaysian students in Indonesia also hosted Bandung Games
participated by students from the two countries.
Syed Munshe Afdzaruddin said apart from non-governmental organisations, all
quarters in Malaysia could also play their respective roles to establish closer
rapport among the people.
For instance, employers can encourage housemaids to speak about the good
treatment they received in Malaysia.
Similarly, the 14,000 Indonesian students in Malaysia and 6,000 Malaysian
students in Indonesia can serve as "goodwill envoys" to help citizens of both
nations to understand the cultures of each other and to erase prejudice among
them.
-- BERNAMA
