HE Mohamed Thani Al Rumaithi, President of both the UAE Federation of Chambers of Commerce & Industry and the Abu Dhabi Chamber of Commerce & Industry, called upon investors and businessmen based in Indonesia to join ranks in furtherance of economic and technical ties and to bring joint economic and investment action up to its peak, affirming that it can come true through dwelling on the enhancement of bilateral collaboration and coordination in the field of setting up joint ventures and utilizing the Indonesian experience in a number of areas.
Mr. Al Rumaithi held discussions with HE Gita Wirjawan, Chairman of Indonesia Investment Promotion Board, on ways to expand investment co-operation between UAE companies and Indonesian ones, particularly in such areas as those of industry, technology, technology transfer and industrial co-operation between the two sides, besides making use of opportunities being provided by the Emirate of Abu Dhabi, chiefly in the fields of water and power production, construction, light industries and the development of residential and real estate complexes and new cities, as well as of co-operation in the realm of developing light industries.
The meeting was attended by HE Mohammed Wahid Supriyadi, Ambassador of Indonesia to the UAE, HE Khalfan Al Kaabi, First Vice-chairman of the Chamber, along with both HE Rashid Al Suwaidi and HE Omeir Al Dhaheri, Abu Dhabi Chamber Board members.
Mr. Al Rumaithi stressed the importance of establishing joint industrial ventures between Abu Dhabi and Indonesia in particular and of calling upon Indonesian companies and businesses to avail themselves of various opportunities available in Abu Dhabi coupled with diverse advantages being provided for foreign companies willing to invest in the emirate. “We aspire to seeing more and more Indonesian participation in the field of industrial and property projects whether being set up or in the pipeline in Abu Dhabi. Such projects would furnish Indonesian companies with an exceptional chance to increase their presence and boost their partnership with national counterparts, as well as to nurture their investments in Abu Dhabi and transfer Indonesian advanced technology and expertise, which suit the emirate’s future needs and requirements,” he added.
Moreover, Mr. Al Rumaithi noted the strong and deep relations of economic and commercial co-operation binding the UAE in general and the Emirate of Abu Dhabi in particular to Indonesia, which is a key trade partner to both of them. “Figures of the terms of trade between the two countries would be in excess of 5 billion dirhams by the end of 2011,” he explained.
For his own part, the Indonesian official called upon companies and businessmen based in the Emirate of Abu Dhabi to make investments in his own country, noting that: “Investment opportunities are multifarious and span all sectors and fields”. His Excellency the Indonesian official also invited his opposite numbers in the Chamber to take part in the International Economic Forum, which is due to be held in Jakarta on the 11th and 12th days of next June.