World is keen to cash in on Indonesia boom

NZ keen to cash in on Indonesia boom

Prime Minister John Key and Trade Minister Tim Groser are in the Indonesian capital

A must-seize opportunity to cash in on Indonesia’s booming economy and demand for New Zealand exports is set to be grabbed by Government ministers and representatives of major Kiwi companies during a whirlwind visit to the South-East Asian country.

Prime Minister John Key and Trade Minister Tim Groser are in the Indonesian capital, accompanied by a 26-strong business delegation, including representatives of key export sectors such as meat, dairy, manufacturing, geothermal energy and education.

Those sectors are preparing for a boom in demand for their goods and services as Indonesia’s middle-class continues to swell, with projections it will reach 150 million by 2014, Mr Groser says.

“The purpose of this [trip] is to try and give some impetus to that emerging relationship,” he told media during a stopover in Darwin en route to Jakarta today.

“We’re going to Indonesia at a time where, from now on, these increments of economic growth change the whole game, and utterly.”

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Categories: Asia, Indonesia

1 reply

  1. All these pictures taken in recent weeks show that Indonesian economy is really booming and many countries are trying to cash on to this boom.

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