Nigeria has good business opportunities for Indonesian investors —envoy

 
Sat Sep 9th, 2017 - Plateau
 

By Victori Ojeme

The Indonesian ambassador to Nigeria, Mr Harry Purwanto has identified good business opportunities in Nigeria that are of interest to Indonesian investors. In an interview with Saturday Vanguard, Mr Purwanto said already a number of young Indonesian entrepreneurs have already invested in Nigeria in areas such as aviation, agriculture, mining, refineries and textiles.

He said “as the Indonesian Ambassador, I try to share information on the potentials of Nigeria to Indonesian business community. Indonesia has a population of 200 million people, and about 150 million belong to the middle-income class. The old generation is conservative, they want to focus more on their businesses in Indonesia while the younger generations are entrepreneurs, who invest just across the border. However, a number of young Indonesian entrepreneurs have already invested in Nigeria; they see some potentials in aviation, agriculture, mining, refineries and textiles. These are some of the opportunities I have shared with Indonesian business community. I told them that there are many textile factories which have been idle in Nigeria for so many years. This year alone, one Indonesian private investor has already started refining business in Akwa Ibom”.

He explained that the Indonesian State Public Company which is very well known both in and outside Indonesia for tin mining was interested in tin mining and wanted to open operations in Plateau State. He expressed optimism that “if this state-owned mining company comes into Nigeria, it will encourage other Indonesian business companies to come to Nigeria and do business here as well”.

“as the Indonesian Ambassador, I try to share information on the potentials of Nigeria to Indonesian business community. Indonesia has a population of 200 million people, and about 150 million belong to the middle-income class. The old generation is conservative, they want to focus more on their businesses in Indonesia while the younger generations are entrepreneurs, who invest just across the border. However, a number of young Indonesian entrepreneurs have already invested in Nigeria; they see some potentials in aviation, agriculture, mining, refineries and textiles. These are some of the opportunities I have shared with Indonesian business community. I told them that there are many textile factories which have been idle in Nigeria for so many years. This year alone, one Indonesian private investor has already started refining business in Akwa Ibom”.

He explained that the Indonesian State Public Company which, according to him, is very well known both in and outside Indonesia for tin mining was interested in tin mining and wanted to open operations in Plateau State. He expressed optimism that “if this state-owned mining company comes into Nigeria, it will encourage other Indonesian business companies to come to Nigeria and do business here as well”.

The relationship between Nigeria and Indonesia, he stressed has been very cordial which informed some bilateral engagements between the two countries. He said two weeks ago, Indonesian Foreign Minister visited Nigeria and introduced about 25 Indonesian companies before holding a bilateral meeting with Nigerian Minister of Foreign Affairs.

He added that, “very soon we will have another Indonesian minister, the Minister of Trade, coming to Nigeria to officially open the Indonesia Bilateral Economic Forum between Nigeria and Indonesia in Lagos. We also see some exchange of visits between the two countries. A delegation of the Nigerian Drug Law Enforcement Agency (NDLEA) visited Indonesia in June and met with their counterparts, the Indonesia drug agency, and I think they are discussing on how to cooperate with regards to tackling drug-related crimes.

“The Indonesian President has also invited President Muhammadu Buhari to visit Indonesia this year while expressing his desire to also visit Nigeria sometimes this year or next year. Indonesia is also going to organize an African forum next year because our foreign policy is to enhance and deepen our relationship with Africa. That is why we have some very important persons and government officials coming into this country”.

On the socio-cultural sector, the Indonesian envoy explained that Indonesia provided scholarships for young Nigerians to study culture and other courses in Indonesia noting that between five and 10 Nigerians get the scholarships every year.

“For us in Indonesia, we are ready for any collaboration or cooperation with Nigeria. Actually, I have noticed that there are some collaborations between Indonesian and Nigerian artistes. They do meet annually in Indonesia and afterwards in Nigeria”, he said

 
 

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source: Vanguard