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Indonesia-Africa Forum: RI hopes for deals on energy, health
The government expects agreements to be signed between PLN and Tanzania’s Tanesco as well as between Biofarma and Ghana-based Atlantic Lifesciences, among others.
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President Joko “Jokowi“ Widodo speaks on Sept. 2, 2024, at the Joint Leaders' Session of the Indonesia-Africa Forum (IAF) in Nusa Dua, Bali. (Foreign Ministry/-)
P
resident Joko “Jokowi” Widodo has revealed that Indonesia is set to sign trade and investment deals worth at least US$3.5 billion with African countries during the second Indonesia-Africa Forum (IAF), which began on Sunday.
The aspired figure is six times larger than the amount achieved in the forum’s inaugural session in 2018.
“Indonesia is ready to partner with everyone, especially with African countries. The results of the Indonesia-Africa partnership are real, [as shown by] increased trade volumes and the establishment of various trade agreements,” President Jokowi said during the forum’s opening event in Nusa Dua, Bali, on Monday.
Abdul Kadir Jailani, the Asia-Pacific and African Affairs director general at the Foreign Ministry, explained that this year’s IAF would focus on the sectors of food, energy, health and mineral resources.
One of the major deals expected to be signed, according to him, is a memorandum of understanding (MoU) between Indonesian state-owned electricity company PLN and Tanzania’s state power firm, Tanesco, on geothermal power plants. In January, representatives from Tanesco visited Indonesia to discuss investment opportunities between the two companies for the development of geothermal power plants in Tanzania.
In the health sector, the IAF is expected to see the signing of a master agreement between state-owned pharmaceutical firm Biofarma and Ghana’s Atlantic Lifesciences. The two companies had signed an MoU in December last year on technology transfer for Biofarma’s tetanus-diphtheria (Td) vaccine.
Furthermore, aerospace company Dirgantara Indonesia is set to sign a letter of intent (LoI) with Belgium-based AD Trade for the purchase of airplanes by Senegal and the Democratic Republic of the Congo.
