ingaporean Trade and Industry Minister S. Iswaran is on a three-day visit to Indonesia until Wednesday to talk with Indonesian officials about investment in various sectors, including manufacturing, energy and tourism.
The minister met Indonesian Industry Minister Airlangga Hartarto on Tuesday to discuss vocational training cooperation between the two countries to address a manpower shortage at Kendal Industrial Park in Central Java. The estate is jointly managed by local and Singaporean firms.
He also met with Energy and Mineral Resources Minister Ignasius Jonan to further discuss opportunities for Singaporean firms to tap into liquefied natural gas (LNG) distribution and renewable energy power plant projects.
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“Some of [the potential cooperation] could be in small LNG [distribution] and renewable energy projects for certain areas that are perhaps not fully connected to the grid,” he said after a press conference on startup assistance collaboration held by Singapore-government-backed development body SG Innovate and Singapore-based venture capital firm East Ventures.
Indonesia aims to develop new power plant projects that will generate an additional 35,000 gigawatts of energy within the 2015-2019 period.
Besides those above mentioned sectors, the minister is scheduled to discuss potential investment made by Singaporean firms to develop tourism, including cruise businesses in Medan, North Sumatra, on Wednesday. (bbn)
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