Entrepreneurs from Indonesia and China signed 23 agreements on joint projects worth 800 million US dollars during the Indonesia-China investment forum held Tuesday.

The deals cover projects of various sectors, including information technology, fishery, mining and electricity.

The forum was attended by around 500 business-people from China 's southern province of Guangdong. Also present in the signing ceremony were Indonesian Minister of Industry Andung Nitimihardja, Indonesian Chamber of Commerce and Industry (Kadin) chairman Mohamad Hidayat and Chinese Ambassador to Indonesia Lan Lijun.

On the occasion, Minister Andung called on Chinese investors to set aside doubts in investing in Indonesia, which now is doing its utmost to improve the business climate.

"Indonesia today is among Asia's fastest growth after China and India," the minister said.

The Indonesian government, he said, is working very hard to issue pro-business policies and combat corruption in a bid to lure foreign investment.

One of the projects signed Tuesday is the power plant project in East Kalimantan worth 23 million dollars to be jointly built by PT Samapta Energi Nusantara and Guangdong Machinery IMP Co Ltd.

Source: Xinhua