TheJakartaPost
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.
Indonesia seeks more investment from Singapore
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Coordinating Economic Minister Darmin Nasution (JP/Wienda Parwitasari)
The government is hoping to boost investment and trade ties with neighboring Singapore following a bilateral meeting on Friday.
Indonesia and Singapore frequently held bilateral meetings at all levels of government, Coordinating Economic Minister Darmin Nasution said after the meeting at Hotel Borobudur in Central Jakarta on Friday.
The talks on Friday focused on six issues: the Batam-Bintan-Karimun Special Economic Zone, investment, transportation, tourism, manpower and agribusiness, Darmin added.
Darmin declined to disclose details on investment and trade deals, but the ministry’s official responsible for international economic cooperation, Rizal A. Lukman, said one of the deals involved state-owned electricity firm PLN and the construction of small-scale power plants in Sumatra.
He said another outcome of the meeting was that Singapore had agreed to increase its investment in the Kendal industrial park in Central Java. (bbn)
