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3/28/11

RI Aims Foreign Investors in the Mining Sector U.S. $ 3.5 Billion?


Ade Irawan - detikFinancemake money blog$;Jakarta - The government believes foreign investment in miningsector could penetrate U.S. $ 3.5 billion in 2011. Foreign companies are very interested to dig the mine because of high prices.
This was stated by Director General of the Ministry of Energy and Mineral Resources Mining Bambang Setiawan when met at theAustralian mining exhibition event at the Shangri-La Hotel, Jakarta, Tuesday (03/29/2011).

"This year we are targeting global investors to U.S. $ 3.5 billion. Iffor from Australia I do not know how, but usually foreign investorslike the UK, it is through Australia before putting their money inIndonesia," said Bambang.

Especially with the high price of mineral commodities today,Bambang believes an investment of U.S. $ 3.5 billion at the end ofthe year will be translucent.

"From Australia many are signed, they are interested to enter the Indonesian mining for seeing the opportunities that exist,"said Bambang.

To keep asking these foreigners, the government will continue tomaintain the continued favorable investment regulation andinvestment climate continues to improve. Bambang said, the government is very welcome mining exhibition held this Australian side.

"Australia is our closest neighbor, we prefer to touch with a close neighbor, to control it more easily. Indonesian Employers also havea lot of mines in Australia, so it is not just Australia who came toinvesting, we too," said Bambang.

(dnl / Qom)
source: detik.com

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