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Indonesia looks to attract more Latin American, Caribbean investment

The 2020 Indonesia-Latin America and Caribbean Business Forum (INALAC) is slated for November 9-11, with 108 investment projects expected to be offered at the event.
Indonesia looks to attract more Latin American, Caribbean investment ảnh 1(Illustrative photo: Jakarta Globe)

Jakarta (VNA) – The 2020 Indonesia-Latin Americaand Caribbean Business Forum (INALAC) is slated for November 9-11, with 108investment projects expected to be offered at the event.

Gusti Ngurah Swajaya, Director-General forEurope and America at Indonesia’s Ministry of Foreign Affairs, said that theprojects to be offered cover 10 sectors, including tourism, agriculture,infrastructure, logistics, and other industries, in 11 regions.

As many as 130 Indonesian companies and 106Latin American and Caribbean companies have registered to participate in theforum.

According to him, the investment value of LatinAmerica and the Caribbean in Indonesia is still small, 44.01 million USD in 111projects. The country hopes that investment from 33 countries in the regionwill increase thanks to this forum.

The archipelago nation also expects to increasebusiness interaction and optimise the Latin American and Caribbean markets forIndonesian exports via INALAC./.
VNA
#Indonesia#Indonesia-Latin America and Caribbean Business Forum#investment projects#Indonesia’s Ministry of Foreign Affairs#Latin America#Caribbean#foreign investment in Indonesia#Vietnamplus#Vietnam News Agency
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