VIVAnews - The escalating tension on the political relations between Indonesia and Malaysia ruins the image of Malaysian companies in Indonesia for a short while. However, the government is not afraid if Malaysia withdraws its investments.
Member of Commission VI of the House of Representatives (DPR) Nasril Bahar said today, "this country should not be worried if they would leave Indonesia in the near future."
Nasril does not deny the view that the continuing conflicts between the two countries may cause Malaysian companies to take out their investments from Indonesia.
In the mean time, an economic analyst from Gajah Mada University, Sri Adiningsih, said Malaysian investments to Indonesia have been higher within the last three years on telecommunication, palm oil, banking, and automotive sectors.
If the dividends or foreign exchange of the Malaysian companies flow to Indonesia, then supports must be provided to build the Indonesian economy.
The Capital Investment Coordinating Board (BKPM) recorded that in January of 2005-2009, total Malaysian investment in Indonesia reaches US$1.21 billion including 285 projects or business permits in various sectors.
As reported, the investments include those put in by PT XL Axiata Tbk, Petronas, PT Bank CIMB Niaga Tbk, PT Bank Internasional Indonesia Tbk (BII), ICB Bumiputera, Air Asia, Sime Darby, PLUS Express Way, Proton, and many others.
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Translated by: Bonardo Maulana W
