Saudi Arabia Interested in Indonesian Wood Craft
Chairman of the Indonesian Chamber of Commerce and Industry (Kadin) Rosan P. Roeslani said Saudi Arabian businessmen are interested in Indonesian-made woodcraft craft which is considered potential to increase trade trends between the two countries.
“They are interested in handicraft products, especially wood,” said Rosan in Jakarta, Friday, March 3, 2017. They conveyed their wishes (crafts) related to wood or trees.
He explained that trade trends between Indonesia and Saudi Arabia seen decreased about 5 billion US dollars in 2016 compared to 2015 which reached 8 billion US dollars.
Therefore, Kadin is looking for a breakthrough to increase cooperation so that the trade sector of the two countries is not only based on oil.
Kadin also used state visit of Saudi Arabia’s King Salman bin Abdulaziz al-Saud by holding a business forum titled “Indonesia-Saudi Arabia Business Forum” which brought together Indonesian and Saudi businessmen.
According to Rosan, there is no denying that so far, Saudi Arabia’s investment in Southeast Asia has been mostly done in Malaysia. However, given Indonesia has the fourth largest population of the world, investors are now starting to pay attention.
In addition, King Salman’s arrival is also a factor for Saudi entrepreneurs interested in investing.
“One of them is the arrival of King Salman, they (entrepreneurs) have more attention to Indonesia and are more open, it is quite different, investments made by the kingdom with a different business community, each invest,” said Rosan.
He added that other sectors that Arab businessmen ogled are tourism, start-up companies, health, and infrastructure development.
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