President Susilo Bambang Yudhoyono in his address at the opening of the Sixth World Islamic Economic Forum (WIEF) on Wednesday invited Muslim as well as non-Muslim businessmen to invest in Indonesia.
In Indonesia there were investment opportunities in many sectors such as energy, mining, infrastructure and agriculture waiting to be explored by investors, Yudhoyono said at the conference being held at the Kuala Lumpur Convention Center.r />
Other speakers at the forum`s opening included Sultan Hassanal Bolkiah of Brunei Darussalam, President Abdoulaye Wade of Senegal, President Fatmir Sejdiu of Kosovo, President Mohamed Nasheed of Maldives, Prime Minister Sheikh Hasina of Bangladesh, and Iran`s Vice President Mohammad Reza Rahimi.
In his 17-minute address, President Yudhoyono said, as a developing country with a population of more than 200 million, Indonesia constituted a vast market.
He emphasized the need for Muslim-majority countries to establish cooperation for mutual benefits.
The president mentioned as an example that oil-rich Middle East countries could establish cooperation with Indonesia which has abundant natural resources and a large domestic market.
He also called on the Muslim world to develop their entrepreneurial spirit in order to achieve rapid economic growth.
Entrepreneurship was in line with Islam`s special characteristic as shown by the Prophet Muhammad who was a trader himself, he said.
The Islamic world should take all the opportunities in the world economic order as Islamic banking and financial system had lately been developing and accepted by the West.
Muslim countries could also contribute to the creation of a new world economic order which was more just and sustainable by playing roles in international forums such as the Group 20.
At the G-20 forum, Muslim countries were represented by Saudi Arabia, Turkey and Indonesia.
The Sixth WIEF themed "Gearing for Economic Resurgence" was officially opened by Malaysian Prime Minister Mohd Najib bin Tun Abdul Razak. (ant/dar)
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