ID :
341264
Mon, 09/15/2014 - 06:57
Auther :

Aceh Open To Investors

Banda Aceh, Aceh, Sept 15 (Antara) - Aceh is open to every investor, including foreign company to invest in the resource-rich province, a senior economic minister said. Aceh has opened as wide opportunities as possible to lure foreign investment, Coordinating Minister for Economic Affairs Chairul Tanjung said while attending a meeting of the Indonesia, Malaysia, and Thailand Growth Triangle (IMT-GT) forum here on Sunday. "I hope you will come to Aceh and Aceh Governor Zaini Abdullah is delighted to receive all of you," he told businessmen of neighboring countries attending the meeting. Aceh which is located on the western tip of Sumatra island is rich in natural resources, particularly in the agriculture and mining sectors. In the agriculture sector, the province has processing and packaging facilities for coffee and cocoa. The province also has several gold and copper mining sites along with non-metallic mining sites for andesite and limestone. According to data from the Investment Coordinating Board (BKPM), foreign direct investment to Aceh reached US$94.2 million in 2013 and US$172.3 million in 2012 compared with US$22.5 million in 2011 and US$4.6 million in 2010. The IMT-GT which was initiated in 1991 and inaugurated in July 1993 is aimed at helping the three countries develop their resources. Chairul expressed the hope the meeting of the IMT-GT forum held in Aceh would encourage local entrepreneurs to develop the creative economy in the province. He made it clear that all IMT-GT programs would automatically play an important role in enhancing cooperation among the three nations without narrowing the moving space of businessmen to invest in Aceh.

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