TDC hopes Jakarta trip will boost trade with Indonesia - RTHK
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TDC hopes Jakarta trip will boost trade with Indonesia

2024-12-30 HKT 12:33
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The Trade Development Council (TDC) says it will lead a delegation to Indonesia next month to try to drum up business with Asean's largest economy.

Around 100 people, including senior executives and start-up bosses, will join the trip to Jakarta, visiting companies and taking part in networking events.

TDC research director Irina Fan on Monday said Hong Kong is Indonesia's second largest investor, but the country is only the SAR's sixth largest trading partner when it comes to Asean members.

"Many of the enterprises that invest in Indonesia through Hong Kong are mainland subsidiaries or branches in the SAR. Their parent company is on the mainland, but they enter the Indonesian market through Hong Kong," she said.

Fan said figures from Indonesian officials show the SAR invested a total of US$18.5 billion in over 8,400 projects in the country between 2018 and 2022.

She added that Indonesia has been participating in the TDC's exhibitions, with products such as clothing, electronics and toys, showing that firms there are very much interested in reaching out to buyers from the mainland and elsewhere.

TDC hopes Jakarta trip will boost trade with Indonesia