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KUMPULAN BERITA BP BATAM YANG DIHIMPUN OLEH BIRO HUMAS, PROMOSI, DAN PROTOKOL

Jumat, 13 Januari 2012

Investment grows 44.8% in Batam


BATAM: The realization of foreign investment in the free-trade zone of Batam throughout 2011 had climbed up by 44.8% to US$105 million from US$72.5 million in 2010.

The higher realization of foreign investment was supported by increasing number of manufacturing industries and intensive investment promotion, revealed Director of Integrated-One Stop Service and Public Relation at Batam Enterprise Board Dwi Djoko Wiwoho said.
Enterprise Board of Batam’s data confirmed that the investment realization, based on issuance of fixed business license (IUT) in 2011, grew higher compared to that in 2010.

In 2011, Joko added, the realization of foreign investment came from 91 foreign companies, while about US$72.5 million investment had been realized by 58 foreign companies in 2010.

Manufacturing industry had dominated the total realization by US$34 million from 35 companies or lower than 2010 realization by US$58 million from 29 companies.

Then, property industry stayed at second place by pocketing US$30 million investment from four foreign companies, followed by trade, service, and others sector by US$22 million from 29 foreign companies, and shipping sector by US$17.8 million from 23 foreign companies.

Throughout 2011, BP Batam had already accepted foreign investment application from 102 new foreign companies valued US$141 million. Of total companies, 24 companies will expand their business with US$81.9 million investment.

For maintaining the higher trend of foreign investment, BP Batam is promoting intensively investment’s advantages in the free-trade zone of Batam, Bintan, and Karimun (BBK).

Today, Asian economy is more promising than economy of European Union and US.

Declining demand
On the other hand, the management had revoked three investment licenses as a request by the related foreign companies with a reason to stop their operational activities due to less demand.

They are PT FMC, a Japan-based cable and electronic components producer in Industrial Zone of Panbil, PT Pro Duo Mandiri, Singapore-based skin-processing manufacturer in Industrial Zone of Batu Ampar, and PT Asia tech, Singapore-based construction service company.

Previously, Indonesian Commerce Chamber and Industry (Kadin) for Riau Province warned that the local government should watch the promising progress in Iskandar Development Region (IDR) in Johor Bahru, Malaysia, particularly the impact against the free-trade zone of BBK.

Head of Kadin for Riau Islands Johanes Kennedy said in the next 5 years IDR may grow up rapidly, can attract great number of foreign investment, and even can surpass the investment realization of Batam. (T01/NOM)

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