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Hamed briefs Indonesian President on business opportunities

posted on 03/05/2006: 587 views

Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Planning and Economy Department, voiced yesterday the UAE's determination to boost economic, trade and investment relations with Indonesia.

'Indonesia, rich of economic, business and investment potentials, considers a fertile ground for investment, Sheikh Hamed said today while he was briefing visiting Indonesian President Susilo Bambang Yudhoyono on industrial investment opportunities on offer at the Higher Corporation for Economic Specialised Zones and the UAE as a whole.

Sheikh Hamed also informed his guest that the UAE had set up a world class industrial units and had gone along way in privatisation. He invited Indonesian companies to engage in the overall development process in the UAE for expanding avenues of joint trade and economic cooperation for the benefit of the two countries. The Indonesian President said that he was impressed with the progress of the UAE in all walks of life. Briefing Sheikh Hamed on investment climate in Indonesia, he said his country seeks to attract investment from the UAE. (Emirates News Agency, WAM)


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