TEMPO.CO, Jakarta - Singapore has set its sights on agricultural sector in West Java for future investment.
Singapore Senior Minister of State for Foreign Affairs and Defence Mohd. Maliki bin Osman says Singapore is really interested in West Java’s potentials, particularly agriculture sector.
“There are many potentials in West Java which cooperation can be explored with Singapore. One of which is agriculture sector,” he says after a meeting with West Java Governor Ahmad Heryawan in Gedung Sate, Bandung, Tuesday, July 26, 2016.
“We discussed agricultural potentials. For example, how to improve West Java’s agriculture. Singaporean businessmen will see how we can collaborate in agriculture industry, such as in food processing,” Maliki says.
Maliki promised that he will push Singaporean investors to invest in West Java. He will also introduce West Javan investors to investment opportunities in Singapore.
With huge potentials in agriculture sector, food processing industry could be developed in West Java, in line with West Java’s mission to expand its upstream and downstream industry.
According to Governor Ahmad Heryawan, West Java’s upstream and downstream industry could be expanded further, including the agriculture sector.
“I said [to Minister Maliki] West Java has limited land area, compared to those of Sumatra, Kalimantan and other regions. But it’s very fertile, Java is still the rice producer although other regions has broader area, Java is still leading in agriculture sector,” he said.
West Java and Singapore has a promising history of cooperation. Chairman of West Java BPMPT Dadang Ma’soem said Singapore’s investment in West Java is still high.
BPMPT data in January to September 2015 shows that Singapore was third behind Japan and Malaysia as the biggest investors in West Java with Rp4.7 trillion in investment, which was realized in 278 investment projects.
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