Indonesia plans to set up three airports in India

New Delhi: Indonesia on Monday invited Indian industries to participate in its proposed special economic zones and said it will soon introduce a new law to make procedures for foreign investment easier.
"We are soon going to introduce a new law in order to make foreign investments easier," Indonesian Vice President M Jusuf Kalla said here at a CII conference.
Indonesian Minister of Industry Fahmi Idris, also present on the occasion highlighted the infrastructure sector as a possible investment opportunity for India. "We are planning to set up three airports where Indian businessmen can participate," he said.
Talking about the palm oil industry, the trade minister said the country was planning to augment its downstream palm oil capacity. "During 2005, we produced 15 million tonnes of crude palm oil and are planning to increase our capacities," he said.
29/01/07 Economic Times

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