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Home -> Finance -> Full Story
Indonesian Co eyeing investment opportunities in WB
Wednesday, October 22 2003 17:36 Hrs (IST)

Kolkata: The over $ 30 billion Salim Group of Indonesia, with huge interest in petrochemicals and real estate among others, is exploring opportunities to invest in India, a senior official of the group said.

Addressing representatives of Confederation of Indian Industry – East (CII) immediately after meeting West Bengal Chief Minister Buddhadeb Bhattacharjee at the state secretariat, Henry Salim, who handles all the group's business in China and manufacturing businesses in Indonesia, said they would explore opportunities for investment in tourism, real estate, agri-business, food processing and packaging in West Bengal.

"We had a very constructive interaction with Chief Minister Buddhadeb Bhattacharjee and based on the inputs provided by him, we would explore the areas suggested by him," Salim said.

He said the group was interested in investing in many countries and was exploring opportunities in a number of them.

On their business plans in India, he said, "Apart from agri-business, food processing and packaging and tourism, we are also thinking about plantation sector because of India's six types of climatic conditions," he said, adding consumer products also had great future in India.

"We have just signed an agreement to develop a township in Beijing in over an area of 3,000 hectare and another over 400 hectare in Hanoi and would also explore opportunities in India and in West Bengal," he said just before leaving to inspect an upcoming township at Rajaghat near Kolkata.

PTI