REPUBLIKA.CO.ID, GUANGZHOU -- Chinese investors indicated interest in three industrial estates offered by the Capital Investment Coordinating Board (BKPM), the Indonesian Consulate General here said. There were two indicating interests among 100 Chinese companies present at the meeting when BKPM made the offer here earlier this week by BKPM, Consul General Gustanto said here on Thursday.
"It is not easy to convince investors into making a deal. We have to be patient," Gustanto said.
BPKM offered a number of projects to a number of Chinese investors grouped in chamber of commerce and industry CCPIT of Guangdong on Monday.
Also read: Indonesia offers infrastructure projects to China
The three Industrial Estates are Sei Mangkei in the district of Simalungun, North Sumatra, Manyar in the district of Gresik, East Java, and Kendal in the district of Kendal, Central Java.
Chinese investment in Indonesia rose from year to year - from only US$297 million in 2013 or the 12th among foreign investments, up to US$3.361 billion in 2017. In the first six months of 2018, new Chinese investment reached US$0.7 billion below Singapore's US$2.4 billion and Japan's US$1 billion.
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