11 US Investors Will Open Business in Batam

TRIBUNBATAM.id - In 2020 there will be 11 US companies investing in Batam City.

This was stated by Chairman of Riau Islands (Kadin) Industry Chamber of Commerce Akhmad Ma'ruf Maulana.

 "The eleven investment candidates from America are fish canning and service industries. We already have data on these companies. They wants run to Vietnam and move to Batam," Maaruf said, Wednesday (11/27/2019).

One US investor, who is planned to invest in Batam, will realize the investment by the end of 2019.

The investor is scheduled to attend on Thursday (11/28/2019) in Kabil.

In fact, he said, Kadin Kepri had reported the investment plan to Coordinating Minister for Economic Affairs.

• BKC Open International Championship 2019 Will Be Held in Batam, Check The Schedule!

He asked for guarantees to company licenses be helped to enter.

In 2020, Kadin Kepri will make another visit to United States.

They will follow up, the realization of 11 investors who will enter Batam.

So early next year, his party will follow up on the investment plan, with follow-up visit to United States.

"Next year, we will visit there next year, to follow up on the plan," he said.

He also hopes that the investment plan will be realized, because America is also evaluating the direction of investment in Vietnam.

At present, Vietnam's investment world is on the rise, as result of American-Chinese trade war.

Nevertheless, US is evaluating the direction of investment in Vietnam, because Chinese investment is also being taken along.

So America evaluates its policies.

"Chinese investors also come to Vietnam, to avoid high costs when marketed to America. We have the opportunity to attract American investment," Maaruf hoped.

Maaruf continued, the transition of American investment to Batam would be welcomed.

But it is hoped there will also be a welcome from Batam city government by providing licensing facilities.

"The government should also be able to provide legal certainty. We must protect foreign investment together," he said.

Previously, Maaruf also acknowledged the signing of collaboration between US investors, QPAC and PT OOK Perkasa together with Indonesian Chamber of Commerce and Industry.

US company officially invests in Batam, Riau Islands with an investment of around USD 50 million.

The company produces Stretch Film, Duct Tape, Insulation and Adhesive Tape.

All products made in Batam are then exported to America.

The signing of this investment cooperation was also attended by BKPM and Indonesia Trade Promotion Center with Martina Anggelika from LA, USA.

QPAC company with PT OOK Perkasa will occupy one of industries or factories in Wiraraja Industrial Park, Kabil, Punggur, Batam City.

For the initial stage, there will be 400-500 people employed in this industry. (tribunbatam.id/Roma Uly Sianturi)

• Ciputra Reportedly Dead in Singapore, This Is His Great Work in Batam

• Buccheri Members Get More Profitable Shopping, Gives Up To 70 Percent Discounts

• Tonight, ATB Water Will Not Flow in Some Areas of Batam, Heres The Location