Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video 26°C
DKI Jakarta, Indonesia
26°C Rain

Rain until tomorrow morning, starting again tomorrow afternoon.

  • Sun

    25℃ - 32℃

  • Mon

    26℃ - 32℃

  • Tue

    26℃ - 31℃

  • Wed

    27℃ - 31℃

Indonesia to strengthen economic cooperation with African countries

  • Marguerite Afra Sapiie

    The Jakarta Post

Jakarta | Tue, January 26 2016 | 06:29 am
Indonesia to strengthen economic cooperation with African countries Officials set up the flags of participant nations in the 60th Asian-African Conference at Merdeka Building in Bandung, West Java, in April 2015. (Tempo)

Officials set up the flags of participant nations in the 60th Asian-African Conference at Merdeka Building in Bandung, West Java, in April 2015. (Tempo)

The government will strengthen economic cooperation with African countries, with the aim of exporting more food commodities for Indonesian food factories in that continent.

The Foreign Ministry's Salman Al Farisi said African countries were now a major prospective market for Indonesia in terms of food commodities, since their large populations were looking for affordable food products.

"Families in African countries spend 70 percent of their income on food on average. Thus [increasing exports] is important for us to do," Salman told thejakartapost.com on Monday.

Eyeing the potential market, Indonesian consumer goods giant PT Indofood Sukses Makmur had opened instant noodle factories in Morocco and Kenya, following the first factory in Nigeria that had shown a significant success, Salman said.

The expansion meant Indonesia would increase its exports of raw food commodities to supply the factories, since African people's daily consumption of Indonesian instant noodles was twice of that of Indonesian themselves, Salman said.

According to Salman, Indonesia's exports to African countries surpassed US$10 billion per year, with 2010 to 2014's exports, particularly to Nigeria and South Africa, jumping by more than 10 percent each year.

Furthermore, during the economic slowdown in 2015 when the trend of global trade slackened, trade with African countries actually increased, thus showing that Indonesia should intensely keep an eye on the African market, Salman said.

"We will further boost our potential by strengthening our exports to African countries," Salman added. (dan)

NEWS PULSE

TRY A DIGITAL SUBSCRIPTION

Join the discussions

0 Comments

Posting as Guest