Tokyo, Osaka Industries to Invest US$2.3bn in RI

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  • Franky Sibarani. TEMPO/Wisnu Agung Prasetyo

    Franky Sibarani. TEMPO/Wisnu Agung Prasetyo

    TEMPO.CO, Jakarta – The Investment Coordinating Board (BKPM) managed to bag a US$2.3-billion worth of investment commitment during its marketing tour to Tokyo and Osaka.

    Tokyo industries will invest US$1.6 billion from four sectors, BKPM chief Franky Sibarani said. The investment will come from Tokyo's textile industry (US$100 million), auto sector (US$600 million), steel industry (US$300 million) and infrastructure (US$700 million).

    From the Osaka visit, BKPM pooled in US$640 million investment commitment from the city's steel industry (US$200 million), chemical industry (US $ 300 million), industrial estates and properties (US$100 million), as well as the shipping industry (US$40 million).

    New Zealand to Help RI Raise Beef Consumption

    Meanwhile from Auckland, the New Zealand government is reported to have made a commitment to help Indonesia increase its beef consumption. "From 2.8 kilogram per person per year to 30 kilograms a year," New Zealand Prime Minister John Key said yesterday.