RUSSIA INTERESTED IN INVESTING FOR BUSINESS SHIPPING IN INDONESIA

Jakarta, 11 Muharram 1437/24 October 2015 (MINA) – Indonesian Minister of Industry Saleh Husin stated, Russia is interested in investing in Indonesia for several industries. Its because the development of infrastructure is being spurred by the government.

“Russia wants to improve relations between the two countries in the fields of economy, particularly in investment. They want to get into the shipbuilding industry, both passenger and fishing. Also aircraft, heavy equipment and railway project in Kalimantan, “Saleh said in a press release Saturday, JPNN quoted by Mi’raj Islamic News Agency (MINA) as reporting.

He said the chances is quite large. The total trade value Indonesia-Rusia reached $ 2.6 billion in 2014. Russia was the 6th rank the largest economy and international community have recognized Rusia’s excellence in the field of research and technology that can be utilized by local Indonesian companies in future business cooperation.

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Now, there are approximately 15 thousands vessels including fishing vessels, which have been over 30 years. Approximately 50 percent of the ship’s population or approximately 7000 units need to be updated.

“Russia is interested in shipyard business for the replacement of old ships. They also offered fish-based mapping technology using satellites. It can answer the complaints of fishermen who struggle to track fish with precision, “said Minister Saleh. (L/R03/R04)

Mi’raj Islamic News Agency (MINA)