Indonesia now Japan`s eighth investment destination

"The latest survey is like the best New Year`s present for Indonesia," Economic Affairs Coordinator at the Indonesian Embassy in Japan, M Abas Ridwan said on Friday.
The subject was raised at a year-end meeting between the Indonesian Embassy`s economic team with JBIC executives.
"It is an interesting development because the Japanese investors normally adopted a "wait and see" attitude when it comes to investment in Indonesia," he added.
He said it also indicated that Japan was confident in efforts at improving the investment climate in Indonesia, although he admitted that Japanese businesspeople also continued monitoring the investment climate in Indonesia.
He said the positioning would be meaningful if the Japanese business people started investing in Indonesia.
He also expressed hope 2008 is a new phase for the bilateral relations between the two countries especially that this year also marks the 50th anniversary of the diplomatic ties between the two nations established in January in 1958.