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Indonesia to talk business during Japan PM's visit
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Japan's Prime Minister Shinzo Abe speaks about the agreement on the Trans-Pacific Partnership trade deal at Abe's official residence in Tokyo in 2015. Abe is scheduled to meet with Indonesian President Joko "Jokowi" Widodo during his upcoming visit on Jan. 15. (AP/Shuji Kajiyama)
Indonesia will talk business during the upcoming visit of Japan’s Prime Minister Shinzo Abe on Jan. 15.
"We will talk about the [deep-sea] Patimban port, the [medium-speed] Jakarta-Surabaya railway, the East Natuna [gas] block with Inpex, and petrochemical and fertilizer projects," Coordinating Maritime Affairs Minister Luhut Pandjaitan said at the Presidential Palace complex on Wednesday.
Luhut said the government would like to see one local private investor join the Patimban port project in West Java.
(Read also: Japan, Indonesia target trade revival)
So far, state-owned port operator Pelindo II has expressed its commitment to manage the port, in partnership with a Japanese company, which will be appointed by the government at a later time.
Foreign Minister Retno LP Marsudi said the Japanese delegation would bring along CEOs of 30 major companies and President Joko "Jokowi" Widodo was scheduled to meet them after his meeting with Abe.
"The President will collectively meet with the CEOs to discuss business matters," she said.
The meeting is expected to bring trade and investment relations between the two countries to a new height.
Data from the Central Statistics Agency (BPS) show that Indonesia-Japan bilateral trade was valued at US$23.81 billion from January to November 2016, while the amount of realized foreign investment from Japan stood at $4.5 billion in the first nine months of last year. (tas)
