China plans to invest US$618m in Batam

At least 15 companies from China have planned to enter power genera..." /> China plans to invest US$618m in Batam

At least 15 companies from China have planned to enter power genera...">
China plans to invest US$618m in Batam

At least 15 companies from China have planned to enter power generation business in Batam, Riau Islands, with combined investment commitments amounting to US$618 million.

“The investors also look for other fields,” Batam Mayor Ahmad Dahlan said Monday after receiving a visit from China Ambassador to Indonesia Zhang Qi Yue in his mayoral office as quoted by tempointeraktif.com.

Ahmad said that 12 other Chinese companies, including concrete steel producer PT Sempurna Wahyu Metalindo with US$4 million in investment and metal-based tools producer PT Sky Global Fasteners with US$2 million, have been operating in Batam so far.

Chinese businessmen said a recent clash, sparked by disputes between local and expatriate workers in a shipbuilding company in the city, did not hamper them from continuing their investment plans in Batam, Ahmad added.
<span style="font-size: 14pt"><span style="font-weight: bold">China plans to invest US$618m in Batam</span></span><br /> <br /> At least 15 companies from China have planned to enter power generation business in Batam, Riau Islands, with combined investment commitments amounting to US$618 million.<br /> <br /> &ldquo;The investors also look for other fields,&rdquo; Batam Mayor Ahmad Dahlan said Monday after receiving a visit from China Ambassador to Indonesia Zhang Qi Yue in his mayoral office as quoted by tempointeraktif.com.<br /> <br /> Ahmad said that 12 other Chinese companies, including concrete steel producer PT Sempurna Wahyu Metalindo with US$4 million in investment and metal-based tools producer PT Sky Global Fasteners with US$2 million, have been operating in Batam so far.<br /> <br /> Chinese businessmen said a recent clash, sparked by disputes between local and expatriate workers in a shipbuilding company in the city, did not hamper them from continuing their investment plans in Batam, Ahmad added.<br />
KuKuKaChu: dangerously too sophisticated
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