(4/12/2003)
Indonesia is seeking to grow the Russian market by 66% in the short term, and by as much as 500% in the future following representations recently made to the Russian business community by Mr. Setyanto P. Santosa, the chief of Indonesia Culture and Tourism Promotion Board (BP Budpar).
While attending the Moscow International Travel & Tourism Exhibition March 26-29, 2003, Setyanto met with a Russian professional business associations to urge privately-held and publicly-owned companies in the former Soviet Union to send their incentive groups to Indonesia. Saying that Indonesia would prefer tourist over foreign aid or loans, Setyanto pointed to the largely untapped potential of the Russian market known for their extended holidays and high spending habits.
Indonesia currently nets some 30,000 Russian tourist a year, a figure Setyanto believes can be increased to 50,000 in the near future with an eventual target of 200,000 for Indonesia.
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