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Jokowi snags business deals worth US$696m in Netherlands
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President Joko “Jokowi” Widodo (third right) attends a bilateral event in The Hague, the Netherlands, on Friday. (President’s press bureau/Laily)
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ndonesia and the Netherlands signed business agreements worth US$606 million during President Joko "Jokowi" Widodo’s recent visit to the country.
The business agreements cover the construction of a solar panel plant in Surabaya, East Java; potato industry development, the Pancasila Palmerah Bridge and turbine power development in East Nusa Tenggara; and human resources capacity building in the maritime sector.
Speaking at a business forum in The Hague on Friday, Jokowi assured businesspeople that Indonesia’s economy had shown resilience and even surprising growth, reaching 5.04 percent in the fourth quarter of 2015 despite global economic challenges.
Indonesia's economic stability was being driven by widespread infrastructure development and investment as its two engines of economic growth, the President said.
As China's economy experiences a period of transition, he continued, many companies would look to relocate their factories from China to Southeast Asia. "And of course Indonesia will also see advantages, especially as Indonesia is the largest economy in Southeast Asia," he added.
The President invited Dutch businesspeople to invest in Indonesia, adding that his government was continuously implementing deregulations to shorten licensing and to ease doing business in the country. (ami/bbn)
