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B20 forum ‘rebrands’ Indonesia in eyes of business world
Concluding the Business 20 (B20) forum for this year, the Indonesian Chamber of Commerce and Industry (KADIN) said agreements achieved had improved the image of Indonesian business.
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Indonesian Chamber of Commerce and Industry (KADIN) chairperson Arsjad Rasjid speaks during the Business 20 (B20) Summit in Nusa Dua, Bali, on Nov. 11. (KADIN/-)
The Indonesian Chamber of Commerce and Industry (KADIN) has hailed the Business 20 (B20) forum for casting a bright light on local businesses.
Concluding the two-day business summit, which is part of the ongoing Group of 20 Summit held in Nusa Dua, Bali, KADIN chairperson Arsjad Rasjid said on Monday that the B20 forum had rebranded the country’s business world in the eyes of foreign investors.
At the G20, which is chaired by Indonesia this year, the B20 represents the group's business community with KADIN in charge of organizing it.
The B20 is one of several engagement groups on the G20 agenda, with others including the Supreme Audit Institutions 20 (SAI20), the Women 20 (W20) and the Urban 20 (U20).
“This is the opportunity for us to promote Indonesia. We say that Indonesia is new: Indonesia Incorporated. This is a place where businesses and the government show that public-private partnerships are in the works,” Arsjad told reporters.
The B20 forum had invited foreign governments and businesses to the country to boost investment and job creation, he said, as high economic growth meant trade and investment in the country were doing well.
Strong trade and investment, in turn, would help firms earn more profit, which was the key for prosperity in the nation.
