Indonesia targets to reap $105m from Shanghai Expo

JAKARTA: The Indonesian government aims to reap 1 trillion rupiah ($105 million) from Shanghai Expo which will run from May to October next year, a local newspaper said here Tuesday.

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Edy Putra Irawadi, deputy to the Coordinating Economic Minister in charge of industry and trade was quoted by the Jakarta Post as saying that Indonesia needs 104 billion rupiah ($10.92 million) to participate in the expo.

"Our target includes export goods, investment and tourism ... There will be business missions, trade missions, business forums, product and cultural promotions during the six months," he said.

Industry Minister Hidayat said the government would make international-standard preparations for the expo, hiring professional event organizers.