REPUBLIKA.CO.ID, JAKARTA -- The commitment of President Joko Widodo to boost infrastructure development was apparently able to increase interest of foreign investors to invest in Indonesia. A French company, Saint Gobain, which is engaged in building materials, tried to catch business opportunities to expand investment.

General Delegate of Saint Gobain Asia-Pacific, Javier Gimeno, said Saint Gobain would build a new factory in Sumatra in 2016 through PT Mortar Utama which the shares are largely owned by Saint Gobain.

"Next year, we plan to expand to Sumatra with an investment value of seven million euros (Rp 103 billion)," Javier said, in a press release, Wednesday (4/11).

Javier stated, one of the targeted infrastructure projects was a folk house building program that was being intensified by Indonesian government.

"I think this will be great benefit to the growth of our business," he added.

He revealed, Saint Gobain in the last 18 month was already investing in Indonesia around Rp 810 billion. The investments were used for the development of  gypsum factory and acquisition of shares of Mortar Utama.

Javier saw Indonesia as a potential market. In addition to the large population, Indonesia has become an attractive market because of the increasing number of middle-class society.

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