Indonesia eyes investment


Friday, 17 February 2012 14:09

Indonesia has called for more trade between Zimbabwe and the Asian nation, with the country’s Ambassador, Mr. Eddy Poerwana, saying business people from his country are already eyeing investment opportunities at the 2012 Zimbabwe International Trade Fair exhibition held annually in Bulawayo.

Mr. Poerwana told ZBC News that the current balance of trade between the two nations is in favour of Zimbabwe and Indonesian business people will be looking at taking up investment opportunities in agriculture, mining and manufacturing in line with the country’s indigenisation regulatory framework.

“Indonesian business people want to invest in agriculture, in mining and in the manufacturing sector. Before your Trade Fair we will be discussing how we can go into those sectors with local businessmen,” said Mr Poerwana.

Ambassador Poerwana also pointed out that he will be tabling a report back to his country next week on the progress that the Indonesian Embassy has made in creating business and investment opportunities between the two countries.

With the country’s Look East Policy being the main bait for investors from the Far East, there is expectancy that more opportunities from Asian business people will be struck at this years’ ZITF edition.