www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Economy

Chinese companies cater to Indonesia's need of infrastructure

By Alfred Romann and Cornelia zou (China Daily) Updated: 2014-10-27 09:54

Chinese companies cater to Indonesia's need of infrastructure

Fishing boats near the Suramadu Bridge, the longest of its kind in Indonesia. The bridge was built by a consortium including China Harbor Engineering, one of many constructed by Chinese companies in the country in recent years. [Provided to China Daily]

China's economic and trade relationship with Indonesia is increasingly large and complex.

Over the last decade, China systematically overtook Indonesia's other trade partners like the United States, Singapore and Japan. Non-oil transactions worth $50.9 billion in 2013 made China the country's single largest trade partner. In 2003, non-oil trade was just $5 billion.

Indonesia is also a prime destination for Chinese investment. The country has a huge need of infrastructure, and Chinese companies have made themselves a global name building just that. In May, for example, the China-ASEAN Investment Cooperation Fund, which has both private and government capital, invested an undisclosed amount in an Indonesian telecom tower operator.

"Infrastructure is so important to Asia," Li Yao, chief executive officer of the fund, said at a China Daily forum in Hong Kong on Sept 21.

For Indonesia, it is particularly important. In fact, improving the quality of the country's infrastructure is one of the key goals for the new government of President Joko Widodo, who will be inaugurated on Oct 20.

As far as the economy goes, the challenges for the new government will be to cut energy subsidies, reform the bureaucracy, boost tax revenues and improve infrastructure, said retired General Luhut Pandjaitan, an adviser to Widodo-who is better known as Jokowi across the country. Over the next five years, Indonesia will need $545 billion in investment to support the development of its infrastructure, according to the government's mid-term development plan to 2019.

Most of this capital is likely to come from public debt and tax revenues, but the plan calls for $35 billion to come from international financial institutions and $83 billion from the private sector.

More than 2,000 Chinese companies have invested in Indonesia in industries ranging from coal mining, finance, insurance, telecommunications, transportation and machinery manufacturing, to project contracting, agriculture, chemical engineering and trading, says Liu Haosheng, president of the China Chamber of Commerce in Indonesia.

Many leading State-owned or private enterprises, as well as most of China's Fortune 500 companies, are already in Indonesia.

The first bank that tourists see when they land at the international airport in Jakarta is the Industrial & Commercial Bank of China. CNOOC, China's largest offshore oil company, has invested more than $6 billion in Indonesia.

Power companies like China Huadian, Dongfang Electric and Sinohydro have built both coal and hydropower plants.

Telecoms infrastructure maker and operator Huawei manages much of Indonesia's telecommunications in partnership with local operator XL Axiata.

In 2012, white goods maker Haier acquired the household goods business in Indonesia of Japanese group Sanyo.

China Harbor Engineering was part of a consortium that built the country's longest bridge between the islands of Java and Madura. Chinese conglomerate Sinochem says it is the largest supplier of Indonesian rubber.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
...
主站蜘蛛池模板: 亚洲综合精品一二三区在线 | 久久久久亚洲日日精品 | 国产一级一级一级成人毛片 | 天天黄色片 | 99久久国语露脸精品对白 | 男女男精品视频 | 亚洲精品播放 | 亚洲欧洲日韩在线 | 久久精品一品道久久精品9 久久精品一区 | 国产欧美日韩成人 | 亚洲欧美日韩国产 | 国产视频亚洲 | 2020毛片 | 免费看一级欧美激情毛片 | 波多野结衣视频在线观看地址免费 | 久久亚洲私人国产精品va | 中文字幕日韩精品亚洲七区 | 91精品乱码一区二区三区 | 九九视频精品在线 | 精品中文字幕在线 | 国产精品国产三级国产an | 国产亚洲欧美日韩国产片 | 欧美激情伦妇在线观看 | 成人亚洲欧美日韩中文字幕 | 538在线视频二三区视视频 | 国产玖玖在线 | 99精品在线观看 | 久久精品国产99久久99久久久 | 天干夜天天夜天干天ww | 亚洲精品色综合色在线观看 | 色噜噜亚洲男人的天堂 | 91人成亚洲高清在线观看 | 日韩美女一区二区三区 | 欧美一级黄色毛片 | 男女午夜爽爽 | 国产在线啪 | 亚洲人成综合在线播放 | 最刺激黄a大片免费观看下截 | www日本com | 玖草在线播放 | 一级一黄在线观看视频免费 |