Refleksi :  Apa saja yang dibangun oleh NKRI selama ini, di samping meminta 
investor asing untuk menanam modalnya guna mengolah apa saja yang bisa dan mau 
diolah?

http://www.thejakartaglobe.com/home/india-set-to-pour-12-billion-into-indonesia/418638

India Set To Pour $12 Billion Into Indonesia
Ismira Lutfia | January 24, 2011





President Susilo Bambang Yudhoyono, shown in this file photo, flies to India 
today for a three-day state visit with the promise of $12 billion in bilateral 
business deals waiting to be signed. (EPA Photo) 

President Susilo Bambang Yudhoyono flies to India today for a three-day state 
visit with the promise of $12 billion in bilateral business deals waiting to be 
signed, pushing India to the forefront as one of Indonesia's biggest foreign 
investors. 

The 15 major deals, in the areas of infrastructure, natural resources, 
manufacturing and services, are due to be signed on Tuesday, with India seeing 
them as a gateway to access the Southeast Asian market. 

The deals are among the more than 30 bilateral agreements in an assortment of 
areas that will be signed during Yudhoyono's visit to India from Monday to 
Wednesday, his second visit as head of state. 

Securing the new deals would mark a major addition to fast-growing Indian 
investment in the country, Indian Ambassador to Indonesia Biren Nanda said in 
an interview. 

"We have had investments in textiles, automotive and banking, and now, in this 
new phase, we are going to have investments in infrastructure, natural 
resources, manufacturing and services, and the volume of trade will be huge," 
he said. 

Nanda added that as one of the dialogue partners of the Association of the 
Southeast Asian Nations, of which Indonesia is a leading member and current 
chairman, India sees the free trade agreements the regional bloc has with those 
dialogue partners as "creating unique opportunities" for investors 

"One of major motivations behind Indian investors wanting to invest in 
Indonesia is that they seek not only to access the Indonesian market, but also 
the Asean market," Nanda said, giving the example of Indian motorcycle 
companies that manufacture in Indonesia but also export their motorcycles to 
the Philippines. 

"Many [Indian companies] want to manufacture here because they are also looking 
at the entire Asean market and because Indonesia is one of the few countries 
that has done exceptionally well during the economic crisis," he said. 

Apart from securing a series of bilateral cooperation and business deals on 
Tuesday, Yudhoyono's visit to India also includes attending India's Republic 
Day celebrations on Wednesday. 

The president will be the chief guest during the ceremony to commemorate 
India's Constitution taking effect on Jan. 26, 1950, after gaining its 
independence from the United Kingdom in 1947. 

During Yudhoyono's first state visit in 2005, the two countries signed an 
agreement on establishing a strategic partnership in various areas including 
trade and economy. 

Since then, bilateral trade has increased significantly, from a mere $4 billion 
in 2005 to nearly $12 billion in 2010, making Indonesia India's second-largest 
trading partner in Asean. 

"We hope through this visit we will carry our relations to a new level," Nanda 
said. 

The ambassador also said the business deals to be signed will "quantitatively 
change" Indonesian-Indian trade relations. 

"So this is something very positive for our relationship because, in the modern 
world, trade and investment are very strong binding factors between countries," 
he added.


[Non-text portions of this message have been removed]



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