OCO Global begins new project in Indonesia

27 Nov 2012 | News

News

OCO Global are delighted to announce that they are a key member of a consortium that has been selected by the European Commission to provide Technical Assistance Services for EU-Indonesia Trade Cooperation Facility (TCF).  The specific objective is to strengthen the capacity of government institutions to pursue reform initiatives in selected areas related to the improvement of trade and investment climate in Indonesia. The results to be achieved are:

  • Better adaptation to global economic trends through improved capacity in relevant government institutions responsible for trade and investment strategic planning;
  • Better coordination and formulation of trade policy through a streamlined and technically strengthened Ministry of Trade;
  • Strengthened capacity at the Investment Coordination Board (BKPM);
  • Increased legal certainty for investors through a strengthened protection of intellectual property rights;
  • Improved competitiveness of Indonesian industry through intensified science and technology cooperation and technology transfer;
  • Upgraded Government of Indonesia (GoI) capacity in energy planning; and
  •  Strengthened GoI response capacity to trade related issues arising out of environmental regulations in exports markets, in particular the EU.

Speaking about the project, Andrew Webb said: ‘Indonesia is on a growth path and the country’s economic strength is gaining international recognition. Over the past 30 years, over 35 million net jobs have been created across all sectors. Growth is set to continue but there are challenges – dangers of inflation, exports affected by the global downturn and huge amounts of investments are needed to achieve the government’s growth ambitions of reaching 7% annual economic growth before 2014.  We were delighted when GOPA Consultants (www.gopa.de) approached us to form part of the consortium.  We are looking forward to delivering this assignment over the coming years and developing excellent working relationships with the Indonesian Government and our other consortium partners Cardno Emerging Markets and SGS.’