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Tadashi Okamura: The investment climate needs to be improved

Tuesday, July 15, 2003

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FOR some years now, the decline in foreign investment in Indonesia has had a significant impact on its economy. The 1997 monetary crisis, followed by a series of political upheavals and social unrest came close to wiping out Indonesias reputation as the place to invest. In the Asia-Pacific region, its position as the preferred destination of investors has been taken over by China and Vietnam, which have been aggressive in attracting foreign busin

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