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Central Java Receives Delegation from HKGCC's FHKI and HKPC
October 11, 2024The Central Java Provincial Government received a visit by a delegation from the Hong Kong General Chamber of Commerce (HKGCC)'s Hong Kong Productivity Council (HKPC) and the Federation of Hong Kong Industries (FHKI) to discuss potential business cooperation.
The 25 delegates were received by Central Java Regional Secretary Sumarno at the Central Java Provincial Secretariat Office in Semarang City, Central Java on Oct. 9, 2024.
Sumarno revealed that Hong Kong is the fourth largest foreign investor in Central Java, with a total investment value of Rp14.9 trillion as of the first half of 2024 (H12024).
"The Central Java Provincial Government is also very committed to facilitating all investors to enter Central Java," he added.
Sumarno claimed that Central Java has a good investment climate and adequate human resources. He also highlighted the advantages of investing in the province, including its central position in Java Island, well-maintained regional safety, the development of several ports in industrial areas, and very competitive wages compared to surrounding provinces.
Sumarno gave his appreciation to Hong Kong entrepreneurs who have invested in Central Java, which is dominated by the textile, garment, and leather-based industries such as bags. He also noted that Central Java still needs labor-intensive industries to create more jobs and reduce unemployment.
FHKI Deputy Chair Jackie Ng explained that the purpose of the Hong Kong delegation's visit to the Central Java Provincial Government was to study various possibilities for cooperation in various regions in Indonesia, including Central Java.
"I am happy to hear about the developments in Central Java. In addition, Central Java has good strengths and we can collaborate together," she said.
Ng added that there are many things to discuss with the local administration, including strengthening existing cooperation and other investment potentials. In addition, her delegation also wants to connect FHKI members who have invested in Indonesia with the local government and local organizations so as to further strengthen cooperation and business development.
"We are confident that our companies will invest in Indonesia by bringing the latest technology, such as in textile companies," she said.