Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  News  >  Companies  >  All News

News : Companies

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance ProfessionalsCalendarSectors

Indonesia keen to join CPEC, says envoy

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/13/2018 | 02:26pm CET

After Saudi Arabia, Iran and few other countries, the Republic of Indonesia has expressed its desire to be part of the China-Pakistan Economic Corridor by exporting coal for power projects or by way of setting up a railway system for the CPEC.

In an exclusive interview with Waqt News the other day, the Ambassador of Republic of Indonesia in Islamabad Iwan Suyudhie Amri has said that the people of Pakistan and this region, seem excited about the CPEC.

He said that if the project succeeded it would change the logistic route in the region from the Middle East through Pakistan up to China.

The ambassador said that the CPEC would prove an opportunity to tap for Pakistan.

Amri said that, 'hopefully, the pace of the CPEC in account of infrastructure development in Pakistan will increase.'

To a question, the ambassador stated, the basic focus of the CPEC was supply of energy, which included various energy plants.

As Indonesia is refined in coal industry, it can provide coal for the power projects under the CPEC, Amri said.

'Indonesia also holds expertise in railway system, so it can establish a train system for [the] CPEC and that is how Indonesia could be part of the mega project,' the Indonesian diplomat said.

The ambassador expressed his hope that the sustained pace of the CPEC would have a trickledown effect on Pakistan's economy, which in turn would have a positive impact on the south Asian region too.

The Indonesian envoy told the scribe that since his arrival in Islamabad one and a half years ago, the security situation had been improving, for which the role of all the stakeholders was appreciable.

On the economic front, the ambassador said that the trade volume between Islamabad and Jakarta was $1.6 billion before signing of the Free Trade Agreement in 2013, which had touched 2.2 billion dollars.

Expressing his satisfaction on the growth of Pak-Indonesia economic ties, Amri said that Pakistani 'kinnow' had been introduced in the Indonesian markets and would remain available for six months. Amri lauded the taste of Pakistani mangoes.

He said that Pakistani mangoes would debut in Indonesian markets by next year.

Likewise, Amri said a number of Indonesian products also stood a good chance to enter Pakistani markets, which could benefit both the countries.

© Pakistan Press International, source Asianet-Pakistan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news "Companies"
06:02p TANAKA : A Bendable Touch Panel Achieved with Silver Nano Ink Printing Technology
06:02p 21ST CENTURY FOX : FOX NEWS CHANNEL TO PREMIERE HISTORICAL SERIES "SCANDALOUS" ON JANUARY 21st AT 8PM/ET
06:02p Tonogold Resources Enters into an Option Agreement to Acquire the three gold/silver Properties in Durango, Mexico
06:02p NESTLE : Nestlé agrees to sell U.S. confectionery business to Ferrero
06:01p Portland-based Envista Group acquires Sky High Sports Network
06:01p LGC CAPITAL : Launches Subsidiary To Create Cannabis Blockchain Platform
06:01p PLAZA RETAIL REIT : announces date of year end 2017 financial results conference call
06:01p FIRST REPUBLIC BANK (NYSE : FRC) announces a quarterly dividend of $0.17
06:01p UNITED TECHNOLOGIES : Air Astana Takes Delivery of First Airbus A321neo Powered by Pratt & Whitney Geared Turbofan™ Engines
06:01p PEPSICO : Think Your Super Bowl Party Is Worthy Of A Super Bowl-Sized Ad To Promote It? Tostitos Can Help!
Latest news "Companies"
Advertisement