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View all search resultsThe Hainan Free Trade Port is expected to focus on tourism, modern services, high-tech industry and tropical agriculture, and was designed to be a hub for Chinese companies aiming to enter the ASEAN market while also serving as a base for ASEAN companies trying to gain access to the Chinese market.
Indonesia's sovereign wealth fund and the China Exim Bank have signed an agreement to cooperate on investments in infrastructure, renewable energy and telecommunications, particularly for priority projects in Indonesia.
The Indonesian government has signed four mutual recognition agreements (MRAs) to harmonize ASEAN member countries’ standards and practices in food safety, building and construction materials as well as the manufacture of medicinal products.
A merchant mindset might seem contradictory to the overall purpose of diplomacy, but imbuing diplomats with mercantile perspectives and capabilities could be highly effective in boosting Indonesia's position in international trade negotiations and what the country gets out of them.
Over the next three to 10 years Indonesia will continue to have a deficit of structural engineers, network engineers, data engineers and project managers for specific construction projects, such as tunnel construction.
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