Iranian companies, traders hold active role in Indonesia

News ID: 4014270 -
TEHRAN, Jun. 25 (MNA) – Indonesia Investment Coordinating Board (BKPM) has reported that Iranian companies and traders have embarked 25 investment projects worth of $25.6 million in Indonesia, in 2016-2017.

Iran's commercial attache to Indonesia Anvar Kamari said the projects were mainly in the sectors of general trade and repairment, transportation and warehousing, chemical and pharmaceutical industries, hotels and restaurants, and metal industries.

The statistics indicates that between 2008 and 2014, on average three projects worth of $1 million have been implemented in Indonesia per year; in 2015 no project was conducted and in 2016, 16 projects with a capital equivalent to $14.3 million, and in the first four months of 2017, 9 projects worth of $11.3 million have been implemented or are in progress in the Asian country.

Kamari underlined that the requirement to influence and stay in this market is physical presence and close interaction with the economic actors of Indonesia, which can be realized through the registration of a company, the establishment of a representation or the determination of the distribution factor.

“The presence in exhibitions and investment in the medium and small scales in the hotel and restaurant sectors, transportation and warehousing, the oil industry, chemical and pharmaceutical industries, will be among other successful ways in this market,” he added.

LR/IRN82577025

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