ID :
372853
Mon, 06/29/2015 - 16:39
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SINGAPOREAN INVESTORS EXPLORE PLANTATION POTENTIAL IN BELITUNG

Jakarta, June 29 (Antara) - Singaporean investors are exploring areas of potential in the plantation sector in Belitung District, Bangka Belitung Province, Head of the Investment Coordinating Board Franky Sibarani stated. "In a meeting with the deputy head of administration of Belitung, a Singaporean investor expressed interest in the plantation sector. We will facilitate the plan to ensure that it is realized immediately," Sibarani noted in a statement received by Antara here, Monday. According to Sibarani, the visit of Singaporean investors to Belitung is a follow-up to President Joko Widodo's directives during a working visit last week. While inaugurating the Port of Tanjung Batu, the president urged the board to bring investors to Belitung since the district has several areas of potential such as seaports, industrial, and tourist areas. The president expects a growth in economic activities in Tanjung Batu within six months, Sibarani affirmed. Data from the board revealed that the realization of foreign and domestic investments in Bangka Belitung during 2012-2014 continued to increase. The investment realized in 2012 was recorded at Rp1.06 trillion, and in 2013, it rose to Rp1.67 trillion, while a year later, the value increased to Rp1.73 trillion. "Meanwhile, the realization of investment in the first quarter of 2015 amounted to Rp287.22 billion and will continue to increase," Sibarani added. Bangka Belitung has attracted domestic investment in areas included electricity, gas and water, transport, storage and telecommunications, food crops and plantations, trade and repair, as well as hotels and restaurants. Meanwhile, foreign investments are mainly in sectors such as food crops and plantation, food industry, mining, electricity, gas and water, as well as the timber industry. During the period between 2010 and 2014, most of the foreign investors in Bangka Belitung were from Malaysia, Singapore, the United Kingdom, South Korea, and Mauritius.

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