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Australia's Victoria state to invest in Indonesia's cold chain distribution
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Victoria state Agriculture Minister Jaala Pulford (left) and Indonesian Trade Minister Enggartiasto Lukita address journalists after a bilateral meeting at the Trade Ministry in Jakarta on Sept. 26. (JP/Anton Hermansyah)
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ustralia's Victoria state will bring its private companies to invest in Indonesia’s cold chain distribution, paving the way for partnership between Victorian investors and local companies, including state postal company Pos Indonesia, which is developing its logistics business.
Victorian Agricultural Minister Jaala Pulford said the new investment would further expand trade between Victoria and Indonesia, which currently focused on potatoes, dairy, premium fruits, and premium meat products.
"We are interested in working on the area of mutual benefit to assist the development of Indonesian industries," she said after a bilateral meeting with Trade Minister Enggartiasto Lukita at the Trade Ministry in Jakarta on Monday.
The state, she continued, has prepared potential companies to invest in the business. She did not elaborate on the details of the companies.
According to Enggartiasto, the Victorian investors would have to partner with Indonesian companies as the sector was included on the negative investment list (DNI).
"We see that Pos Indonesia is the most suitable partner, because they have a broad network," he said, adding that the Investment Coordinating Board (BKPM) would facilitate Victoria’s investment commitment. (ags)
