Indonesian firms bag $274m orders

Indonesian companies have received orders totalling US$274 million (Tk 22.5 billion) from Bangladeshi importers at the three-day 'Indonesia Fair 2018' that ended on Saturday.

Deputy Trade Minister of Indonesia Arlinda disclosed the figure at the closing ceremony of the first ever trade and tourism fair held at Le Meridien Hotel in Dhaka.

The fair saw $274 million worth of business deals with Bangladeshi importers on various Indonesian products such as carriages, motor vehicle (buses), spices, cosmetics, fashion and food commodities, she said.

Nearly ten thousand visitors thronged the fair organised by the Indonesian Embassy in cooperation with the Ministry of Trade of Indonesia and Indonesia-Bangladesh Chamber of Commerce and Industry.

During the event, an Indonesian trade mission comprising representatives from more than 45 companies came to Bangladesh to join Business Forum and Business Matching.

The Indonesian Trade Mission has also paid a site visit to Meghna Group of Industries (MGI), an importer of Indonesian products such as CPO, pulp and paper, and clinker.

"We hope that the MGI will cooperate more with Indonesia and import even more commodities, such as tea and coffee," the deputy minister said.

The Indonesian Deputy Minister of Trade also invited business leaders from Bangladesh to attend the 33rd Trade Expo Indonesia (TEI) to be held at Indonesia Convention Exhibition (ICE) BSD City in Banten Province on October24-28 this year.

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