Indonesia’s 35th trade expo an opportunity for Qatari investors: Envoy
The annual event seeks to boost the export of Indonesian products and services
THE Embassy of Indonesia in Doha announced on Tuesday that the upcoming 35th Trade Expo Indonesia Virtual Exhibition (TEI-VE), one of the biggest business exhibitions in Asia, will be taking place virtually this year from November 10 to1 .
The annual event seeks to boost export of Indonesian products and services. It also aims to serve as a platform for interaction between international buyers, including Qatari investors, and Indonesian suppliers. It is designed to facilitate market access for Indonesian premium export goods and services into international market.
Talking to Qatar Tribune, Maulana Syahid, charge d’affaires at the Embassy of Indonesia in Doha, pointed out that the virtual trade event will continue to promote quality products made in Indonesia that are currently available in Qatar market. Among them, he said, are food and beverages products, vegetables, fruits and other agricultural products, paper products, garments, automotive and spare parts, footwear, building and wood products, manufacturing products as well as medical and pharmacy products.
He added, “All companies as well as investors and entrepreneurs in Qatar, who are willing to explore business opportunities offered by Indonesia in terms of trade, tourism and investment cooperation are most welcome to this event.
The virtual exhibition platform of the expo will enable the participants to benefit from anywhere online through visiting the event’s website: www.tradeexpoindonesia.com.”
Syahid further stressed the importance of Qatar as a market for Indonesia. He added more promotional activities and business engagements from private sector of the two countries are needed to make the presence of Indonesian products stronger in Qatar.
“Qatar is important for Indonesia as an alternative or non-traditional market destination of Indonesian export products beside its traditional market (ASEAN, East Asia,
Australia, US and European Countries). Its strategic location and excellent infrastructure make Qatar more important now and in the future as a hub for other region, especially Middle East and Africa”, Syahid remarked.
An official statement from the embassy also emphasised other benefits of investing in Indonesia, which is one of the world’s fastest-growing economies, the largest economy in the Southeast Asian region and the world’s fourth most populous nation.
“The World Bank Group’s Ease of Doing Business ranking placed Indonesia at 73 and on a firm upward trend, rising from 12 in 2013 and 91 in 2017. This positive trend demonstrates the improvements made by the government of Indonesia to attract investors to come to the Southeast Asian country. Amid the economic pressures due to the COVID-19 pandemic, the investment realisation in Indonesia in the first half of 2020 still showed a positive trend. In that period the realisation of investment reached 02. trillion, up 1. percent compared to the same period in the previous year”, according to the statement.