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Jakarta Post

Indonesia, Switzerland establish chamber of commerce

  • News Desk

    The Jakarta Post

Jakarta   /   Thu, August 2, 2018   /   10:46 am
Indonesia, Switzerland establish chamber of commerce Swiss Indonesia Chamber of Commerce (SwissCham Indonesia) supervisory board chairman Wahyuni Bahar (left), Swiss Business Hub Indonesia head Wolfgang Schanzenbach (center) and SwissCham Indonesia chairman Luthfi Mardiansyah pose after inaugurating SwissCham Indonesia in Jakarta on Aug. 1. (JP/sau)

Indonesia and Switzerland have established the Swiss Indonesia Chamber of Commerce (SwissCham Indonesia) to enhance bilateral trade, investment and other relations between the two countries.

The organization was inaugurated in Jakarta on Wednesday in conjunction with Swiss National Day.

SwissCham Indonesia chairman Luthfi Mardiansyah said the organization would particularly provide members with a forum for collaborative dialogue, lobbying or advocacy activities as well as social and business networking.

As of Wednesday, 47 companies had registered as members of SwissCham Indonesia.

Luthfi said investment value from Switzerland to Indonesia had constantly increased but there was more potential.

Swiss companies operating in Indonesia faced problems related to ease of doing business and ease of operating businesses within the country, Luthfi said.

 “The same thing applies to Indonesian businesses. The Swiss government has tight regulations,” he added.

SwissCham Indonesia is expected to play a role as a sharing platform and accommodate dialogue among business actors and government officials from both countries, Luthfi said.

Around 150 Swiss companies and brands operate in Indonesia, absorbing more than 10,000 workers. (sau/bbn)