Indonesian envoy woos local investors

The business community of Pakistan should play its due role in promoting trade and investment in the Association of Southeast Asian Nations (Asean) markets such as Indonesia, said Indonesian Ambassador Adam Mulawarman Tugio.

Talking to a delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI) on Thursday, he pointed out that there were ample opportunities for the Pakistani business community in the $1 trillion market of Indonesia.

He stressed that the strengthening of bilateral trade and investment could benefit the business communities of both countries.

Read: THE RISE AND RISE OF E-COMMERCE

“The two nations have immense potential for cooperation in diverse fields including tourism, trade, e-commerce, textile, automobile, pharmaceutical and defence,” he mentioned.

The envoy pointed out that Indonesia had a rich culture of tourism and hospitality and its government wanted to fetch 10% of the annual national income from that sector alone but due to the ongoing Covid-19 wave, it was unable to achieve the objective.

“There are many avenues for people going to Indonesia from Pakistan for tourism purposes.” He noted that Bali and other islands held an important place in the world of tourism.

“Indonesia can also share its experience in the tourism sector with the Pakistanis as new avenues of cooperation can be unlocked between the two countries,” he said.

The ambassador emphasised that the automobile sector of Indonesia was making significant progress in car production and had begun export of automobiles as well.

Published in The Express Tribune, February 11^th, 2022.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.