Friday, May 24, 2013

Jakarta Property Attracts Investors Singapore

Illustration: The realization of foreign investment in the property sector increased over the past two years.
 
Jakarta attract foreign investors to develop the property industry. This is evident from the visits of investors from Singapore to see the investment opportunities in Indonesia. This statement was made Deputy Secretary General of the Central Executive Council of Real Estate Indonesia (REI), Rusmin Lawin, Thursday (23/05/2013), after the visit of the leading Developers Association of Singapore, RedaS (Real Estate Developers' Association of Singapore).

During his visit, RedaS perform a variety of activities and a series of meetings with several authorities homeland as BKPM (Investment Coordination Agency) Centre and the Provincial Government of DKI Jakarta. RedaS delegation led by President RedaS Chia Boon Kuah RedaS consists of 22 members representing the 14 leading developers group in Singapore and Asia, including Group of developers from Japan, China and Malaysia are based in Singapore.

Chia Boon Kuah explained that the visit was to see first hand the development of the property industry in Jakarta and listened to an explanation of direct investment regulations and rules related to the construction of the otoriras well as strengthen the working relationship with the Real Estate Indonesia (REI).

According Rusmin, proprerti industry's rapid development in the Greater Jakarta area in recent years has attracted international investors. "Indeed, we know that the rate of backlog of housing needs of the people are still very high, but we should be able to see from the perspective that the property sector as well as other industries need to be encouraged from the achievement of foreign investment, "said Rusmin, who also served as Secretary-General of the Federation of Estate Real World (FIABCI) regional Asia Pacific.

He added that the property industry is relatively labor intensive and has a very large secondary effect, which is moving about 100 types of related industry from upstream to downstream. "The growth of the property industry will absorb employment which in turn will support the purchasing power of workers to have a home," he said.

In 2012, foreign investment in the property sector of 2.6 per cent of total foreign investment.

Sources :
http://besoklagiaja.blogspot.com/2013/05/properti-jakarta-diminati-investor.html

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