Edwin Soeryadjaya
Edwin Soeryadjaya
Edwin Soeryadjayaalso known as Tjia Han Pun is a Chinese Indonesian businessman, He is the son of the late William Soeryadjaya, a former billionaire who founded automotive group Astra International but eventually lost control of it and much of his wealth. Soeryadjaya began working to restore his family's fortune, setting up investment firm Saratoga Investama Sedaya in 1998. Today, through his private equity firm Saratoga Capital, he holds big chunk in coal miner Adaro Energy, which he wrestled it illegally...
NationalityIndonesian
ProfessionBusinessman
Date of Birth17 July 1949
CountryIndonesia
If you don't pay bribes, people think you're odd. It's very sad. I cannot say that I'm proud to be an Indonesian. This is one of the most corrupt countries in the world.
We know our responsibilities to our investors, and one of our challenges has always been preventing foreign investors from thinking that Indonesia is not a good place to invest.
We are still looking for opportunities in plantation, in palm oil. When it is bad, you want to buy because, in the long term, I am confident that plantation is a good bet. To me, it is always in demand; there is no substitute yet for palm oil.
Power plants are an infrastructure backbone that I want to be seriously involved in; this is because the country is rapidly developing and has high demand for electricity.
Indonesia is a very huge country, geographically and in number of people, and there is still a lot of growth in the income level; It is very easy to assume there is a lot of demand for travel.
The mandate that I got from my investors is to invest. So far, we are on the right track, and it is the right formula to invest in Indonesia.
If you want to remain the best, you have to keep on doing what you are good at.
I'm the son of a former billionaire, but I'm just a working man.
We would be billionaires, but we took responsibility for Summa's failure.