The ICI+ Project
To support the work in promoting European-wide business interests and representing European member-companies in policy dialogues with Indonesian officials the EuroCham Indonesia receives provisional funds from EU projects, on top of its exclusive financial source of membership fees.
In August 2013, the EuroCham Indonesia and the EIBN (EU-Indonesia Business Network) became official partners of the ICI+ Program – a cooperation of industrialized and other high-income countries, territories and also developing countries. The ICI+ Program in Indonesia aims to further strengthen bilateral ties between the EU and important political and trade partners in Indonesia, with the common objective of improving the investment climate in Indonesia for European companies, particularly SMEs (small and medium enterprises).
Within the ICI+ Project, EuroCham Indonesia is to help further improve the investment climate and market access, aiming to contribute in increasing foreign direct investment into Indonesia. The project is aimed to strengthen EuroCham advocacy role and to supplement its existing activities in order to offer better quality policy research and enhance trade dialogue with the government of Indonesia.
EuroCham implemented the 1st Lot of the ICI+ Project, while the 2nd Lot is implemented by the EU-Indonesia Business Network. The EIBN was initiated in August 2013 as part of the 5-year program, co-funded by the European Commission and it is a partnership between EKONID, EuroCham Indonesia, IFCCI, INA, BritCham, EUROCHAMBRES and CCI Barcelona. The EIBN is to enhance and diversify trade and European business investment in Indonesia, thus further utilizing the present market opportunities, promoting Indonesia as a gateway to ASEAN. It seeks to contribute to a more coherent and effective EU strategy for supporting and attracting European business, specifically SMEs, both those already in Indonesia and those expanding their activities. More information about the EIBN can be found at www.eibn.org .
The ICI+ project is expected to run for over 72 months.