Sign up | Log in



Home  >>   Daily News  >>Brunei>>investment>> Indonesia wants Brunei investors
NEW UPDATES Asean Affairs   22  December  2015  

Indonesia wants Brunei investors

BRUNEIANS were recently urged to invest in Indonesia as the largest economy in Southeast Asia seek to improve business links with Brunei.

Typically, Indonesia's largest investors come from Singapore, followed by South Korea, Japan and the Netherlands, said Syauki Amin, a representative from the Indonesian Chamber of Commerce and Industry (KADIN).

Given the geographical location of Brunei and Indonesia, Syauki said that they would like to see more investment coming in from Brunei.

Syauki is also the vice-chairman of the Singapore/Brunei committee for KADIN.

Syauki highlighted a number of reasons why Indonesia would make a good investment destination.

He said Indonesia has the fourth largest population in the world, thus having a large domestic market, with 53 per cent living in urban areas and adopting a modern lifestyle.

There is also a growing class of working youths, he explained, leading to a potential increase in consumption.

According to the Indonesia Investment Coordinating Board (BKPM), a centralised 'one-stop' agency for investments in Indonesia, about 70 per cent of the Indonesia is projected to be in the middle-income class by 2015.

With an abundance of natural resources, Indonesia is offering plenty of opportunities for investors, said Syauki

"There are five sectors with big potential – agriculture, infrastructure, tourism, industry and maritime,” he added.

Syauki explained that regardless of where they want to invest in, if an investor is prepared to put in 100 billion Rupiah ($10.2 million) and committed to employing about 1,000 Indonesian workers, then all legal and administrative requirements can be fast-tracked to about three hours through BKPM.

"This scheme is just opened in December, and already there are more than 40 companies registered with it.

“This includes the legal formalities to deal with land. Even if investments were made under that amount, the one-stop investment agency makes it easy to deal with government bureaucracy,” said Syauki, adding that it would take a few weeks to a months if not for the fast-track agreement.

Syauki also noted that the Indonesian government has a wide range of tax incentives.

“This includes manufacturing for re-export, where if you plan to export a finished product from Indonesia, they will waive taxes on raw materials and machinery,” he added.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           December  22 , 2015 Subsribe Now !
• Mekong improves transport capability Subcribe: Asean Affairs Global Magazine
• Mandiri to draw down US$880 million from CDB loan
• Indonesia wants Brunei investors
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Indomaret to open 1,600 outlets next year
Cambodia, Thailand push ahead with railway line
Asean Analysis                   December  18, 2015
• Asean Analysis December 18, 2015
What’s Next for U.S. Policy toward Myanmar?
Advertise Your Brand

Asean Stock Watch  December  21,  2015
• Asean Stock Watch-December 21, 2015
The Biweekly Update
• The Biweekly Update December 18, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand