Indonesia - Tatarstan get ready to cooperate transportation

Finance Info -Republic of Tatarstan expressed the desire to strengthen industrial cooperation with Indonesia, particularly in the fields of transportation equipment, such as helicopters, trucks and ships.

The desire of the President of the Republic of Tatarstan, delivered Rustam Minnikhanov to Deputy Minister for industry Alex S.W. Retraubunyang, accompanied by the Director General of the International Industrial Cooperation (KII) Agus Tjahajana Wirakusumah, Kemenperin in Kemenperin, Jakarta (2/5/2013).

According to Wamenperin, Indonesia never do work closely with the Republic of Tatarstan in the 1960s in the field of industrial machinery and heavy equipment. Although it was cut off, the bilateral cooperation was started back in 1998.

"Tatarstan has advantages in the field of industrial machinery and heavy equipment. They Excel in producing helicopters, ships and trucks. But the population is only about 4 million people, "said Alex in a press release, Thursday (2/5/2013).

According to him, the Government began to explore working with Tatarstan as former Soviet republics that have competence in the industrial sector of heavy equipment, and Indonesia need to the defense industry. However, the Government needs to have a meeting to discuss details about the form of such cooperation.

Tatarstan is a country with an area of 68,000 km2 and has a population of 3.8 million inhabitants who mostly converted to Islam (54 percent). Natural resources in the country's capital of Kazan's oil, natural gas, gypsum and other.

Gross Domestic Product (GDP) per capita of Tatarstan reached USD12,325 in 2005, while GDP in 2008 at about 930 billion rubles. Independent on 30 August 1990 has considerable potential in agriculture and industry.

Industry profile of Tatarstan was formed by industrial machining (56.1 percent), chemical and petrochemical industry (13.75 percent), oil extraction (4.3 percent), the production of electrical energy (2.7 percent), food industry (2.7 percent), light industry (4 percent), construction materials (5.1 percent), as well as timber and wood processing industry (2 percent).

(gpr)

Finance; Investment; Business; Economics

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IMF: Growth of job vacancies are slow

Finance Info -the International Monetary Fund (IMF), the world economy grew by offering less fast in creating jobs for tens of millions of people are unemployed.

Deputy Director of the IMF, Naoyuki Shinohara said, global growth is seen in Figure 3.3 percent in 2013, and will reach 4 percent in 2014, the significant differences in their economic prospects.

"The world sees three-speed global recovery does not produce enough growth in employment for millions of people who have fallen into unemployment during the last 5 years," Shinohara said in a meeting with diplomats and businessmen to coincide with May Day, as reported by the Global Post, Wednesday (1/5/2013).

Former officials of Japan's Ministry of finance said, there have been protests May Day in Greece over the Government's austerity program. While unemployment figures in Europe reached a new record of more than 19 million people in March.

"The best performing Economy in developing countries. The average Asian country will grow 7.1 percent this year and sub-Saharan Africa extending estimates of 3.5 percent, "said Shinohara.

Other countries are currently under repair, such as United States, looks to expand 2 percent in 2013. But, people still have a significant distance to go as the euro area. Where their growth this year is expected to shrink.

(dmd)

Finance; Investment; Business; Economics

Finance; Investment; Business; Economics