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Indonesian economic agency BP Batam has launched an Instagram page targeted at investors eyeing opportunities on the island. The page features special appeals to Chinese businesses, highlighting the appointment of an investment ambassador for the Chinese market. The agency has observed a rise in inquiries from companies with strong industrial footprints in sectors like advanced manufacturing, precision electronics, and green industries. Chinese investment in Batam has surged significantly, from under US$1 million in 2013 to US$253 million in 2024. This growth comes amidst rising costs and weakening consumer demand in China, leading to a structural repositioning of productive capital under…
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