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View all search resultsJapan remains committed to RI economic development
As Japan celebrates the impending birthday of its Emperor Akihito, the countryâs relations with Indonesia remain stronger than ever, with more commitment toward assisting Indonesian infrastructure development, as well as increasing investment to Indonesia
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A
s Japan celebrates the impending birthday of its Emperor Akihito, the country's relations with Indonesia remain stronger than ever, with more commitment toward assisting Indonesian infrastructure development, as well as increasing investment to Indonesia.
Japanese Ambassador to Indonesia Yasuaki Tanizaki elaborated that Japan remains committed to help President Joko 'Jokowi' Widodo's maritime axis vision by assisting in port construction and the fisheries industry.
Aside from that, Tanizaki also mentioned that recent bilateral talks conducted by Jokowi and Japanese Prime Minister Shinzo Abe had affirmed the country's commitment toward investing in Indonesia.
'In the economic sector, Japanese investment in Indonesia has risen sharply with more than US$4.71 billion being put into Indonesian-related projects, making Japan Indonesia's largest investor. Most of the investment is channeled toward the manufacturing industry, which also contributes to creating jobs,' Tanizaki said in his speech at the Emperor's birthday celebrations on Tuesday.
The construction of ports, the mass rapid transit (MRT) system and electric power plants are among the projects that Japan aims to target with investments. One of the tenders of the ongoing MRT project in Jakarta is from Japanese company Shimizu Corporation.
Among the attendees of the Emperor's birthday event on Tuesday at the Mulia Hotel included Vice President Jusuf Kalla, Trade Minister Rachmat Gobel, Home Minister Tjahjo Kumolo, and People's Representatives Council (MPR) Deputy Speaker Oesman Sapta.
Currently, Japan is one of Indonesia's largest trade partners, with US$46 billion in total trade recorded in 2013.
Indonesia has become an increasingly important investment hub for foreign companies, especially from Japan, with Kroll, the global leader in risk mitigation and response, saying that Japanese foreign direct investment (FDI), which accounted for 16.4 percent of market share in early 2014, had continued to grow from year to year.
In 2013, Indonesia overtook Thailand to become the second-highest recipient of Japanese FDI in ASEAN.
Meanwhile, as a reflection of the constantly maintained ties between the two nations, the Japanese government decided to implement a visa-exemption policy for Indonesian passport holders planning to visit Japan for 15 days or less. The Indonesian visa waiver policy took effect on Dec. 1.
Tanizaki noted that the total number of visitors from both Indonesia and Japan visiting both respective countries amounted to 610,000 people in 2013 and he expects the number to increase this year.
The Emperor's birthday is considered a national holiday in Japan, with reigning Emperor Akihito turning 81 on Dec. 23.(+++)
