Russian trade with Indonesia set to double next year

Map of IndonesiaRussian trade with Indonesia:  Russia plans to increase commodity trade turnover with Indonesia in from $2.5bn to $5bn by next year, its acting Minister of Trade and Industry Denis Manturov told a meeting of the two countries’ Intergovernmental Committee in Kazan this week. Russian companies are also planning to participate in the redevelopment of new seaports in Indonesia, with United Shipbuilding Corporation President Alexei Rakhmanov due to visit Jakarta in the near future. “Indonesia offers more possibilities for the development of aviation and shipbuilding than anywhere else on the planet,” Manturov said. The size of its population and the disparate nature of its communities’ locations across the largest archipelago in the world also offered significant opportunities for Russia’s Glonass global positioning system, he added.
Other projects where Russian involvement is already scheduled include the construction by Rusal of a bauxite and alumina plant in West Kalimantan Province,of a railroad in East Kalimantan Province by Russian Railways,the setting up of the Vi Holding company for the processing of nickel ore on Sulawesi island. 

Source: rbth