EU Eyeing Indonesia's Infrastructure Projects

Gedung Perkantoran
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  • VIVAnews/Adri Irianto

VIVAnews - EU countries plan to amplify investments in Indonesia in the years to come.  "Discussions are on the go. We're still looking into the chances [of investment]," said Julian Wilson, Ambassador/ Head of Delegation of the European Union to Indonesia, on Thursday.

Up until today, 700 Europe-based companies worth US$50 billion of investment, which only cover 1.6 percent of total EU's total stake in Asia, are available in Indonesia.

On the other hand, First Secretary of Economic and Trade Section of Europe Union to Indonesia, Walter van Hattum, said European enterprises are interested in advancing on infrastructures in Indonesia.

As reporter earlier, the Susilo Bambang Yudhoyono administration is ready to intensify efforts in infrastructure development along the year by allocating budget of Rp 126 trillion.

Based of data from the World Bank, Indonesia has 220 million of population at income per capita of US$3,000. The number of middle-class in the country by 2010 is around 134 million, 56.6 percent of the nation's population.

The commercial value between Indonesia and the EU in 2010 reaches 20 billion euro while Indonesia's exports to the EU worth 14 billion euro.

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VIVA.co.id
25 April 2024