日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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: 日本黄xxxxxxxxx100| 国产一区二区成人 | 日本韩国欧美中文字幕 | 黄片毛片在线观看 | 成人在线h | 黄色片视频免费观看 | 亚洲骚 | 伊人精品一区二区三区 | 免费黄色小视频在线观看 | 日韩资源网| 美女网站视频色 | 亚洲一级影院 | 久久亚洲国产精品 | 亚洲欧美自拍偷拍 | 欧美精品久久久久久 | yy6080午夜| 四虎影院在线免费观看 | 毛片在线看片 | 欧美挤奶吃奶水xxxxx | 国产成人精品一区二区 | av一区三区| 免费毛片观看 | 国产中文在线播放 | 国产高清欧美 | 欧美成人精品欧美一级私黄 | 国产黄色免费网站 | 99热国内精品| 久久久精品一区二区 | 好·色·先·生t∨ | 国产丝袜在线视频 | 久久国产精品影院 | 亚洲天堂中文字幕在线 | 成人精品区 | 国产中文字幕第一页 | 一级无毛片 | 成人福利在线播放 | 在线观看黄色av | 伊人久久在线观看 | 黄色免费小视频 | 免费a视频在线观看 | 国产一区二区三区日韩 |