China to invest Rp 3 trillion in Bitung

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Asean Affairs 26 September 2014

China to invest Rp 3 trillion in Bitung

Chinese businesspeople will invest Rp 3 trillion in the Bitung Special Economic Zone (KEK) in North Sulawesi province to develop infrastructure and the maritime and pharmaceutical industries, Governor Sinyo Harry Sarundajang said.

The North Sulawesi provincial administration was ready to provide the Chinese investors with various incentives and facilities to invest in the Bitung KEK, he announced on Tuesday as reported by Antara news agency.

“The Chinese investors are keen to invest in the Bitung economic zone. This means that there have been signs of life the economic zone,” he said responding to the recent visit by investors and the Chinese ambassador to Indonesia, Xei Feng.

Sarundajang added that Bitung would become a special economic zone like Batam and that the local government would work to legislate pro-investment policies.

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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.

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