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Jakarta Post

Royal visit seen as boost for RI investment

  • Andi Haswidi and Novia D. Rulistia

    The Jakarta Post

Jakarta   /   Wed, March 5 2008   /  02:15 am

BUSINESS AFFAIRS: Prince Andrew shakes hands with the Minister of Trade Marie Elka Pangestu before a meeting in Jakarta on Tuesday. Prince Andrew, the Duke of York, was in Jakarta on Tuesday as a special envoy for trade and investment, aiming to strengthen bilateral ties between the United Kingdom and Indonesia and look for new business opportunities. The high-level visit, business players said, would help bridge the perception gap between existing foreign investors in the country and potential investors on Indonesia's investment climate. "Existing investors, many of whom have been here for decades, are generally upbeat and positive about doing business in Indonesia despite challenges that exists," British Chamber chairman Simon Morris said during a luncheon with the Duke in Jakarta. However, he said, potential new investors often had a different pe...