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Indonesia launches trade policies to lure Taiwanese investors

Feb 16, 2013


Indonesia has adopted a series of incentives in its trade policies to create favorable conditions for Taiwanese businesses to invest there, an Indonesian official said Friday.


The policies introduced to encourage investment include a 10-year preferential tax treatment offer and tax subsidies for 129 industries, Indonesian Minister of Trade Gita Wirjawan said during a press briefing in Jakarta.

Gita said there are vast business opportunities in Indonesia's rich natural resources and that the introduction of many of the country's trade, investment and financial policies was designed to pave the way for investors seeking to do business there.

Gita said the preferential trade policies and extensive natural resources can create favorable investment conditions for both domestic and foreign investors.

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