Japanese firms to invest USD5.6b in Indonesia
(MENAFN) Japanese firms are set to invest a sum of around USD5.6 billion in Indonesia, after the president's visit to Tokyo, according to Indonesia's investment board, Gulf Times reported.
Toyota Motor will invest USD1.6 billion. Suzuki Motor will increase its projected ventures by USD1 billion, according to a press release by the chairman of the Investment Coordinating Board.
In addition, Southeast Asia's prime economy enticed USD3 billion in Japanese commitments for other industries including textiles, steel, fisheries and power.
Toyota Motor will invest USD1.6 billion. Suzuki Motor will increase its projected ventures by USD1 billion, according to a press release by the chairman of the Investment Coordinating Board.
In addition, Southeast Asia's prime economy enticed USD3 billion in Japanese commitments for other industries including textiles, steel, fisheries and power.
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