Moeldoko, Bahrain Ambassador Ahmed Talk of Investment in New Capital

Translator

Dewi Elvia Muthiariny

Editor

Petir Garda Bhwana

Rabu, 16 Maret 2022 10:15 WIB

Presidential Chief of Staff (KSP) Moeldoko waves to media crews after being questioned at the Criminal Investigation Department, National Police Headquarters, Jakarta, Tuesday, October 12, 2021. Moeldoko is being questioned regarding his report on two Indonesian Corruption Watch (ICW) researchers. TEMPO/Hilman Fathurrahman W

TEMPO.CO, Jakarta - Presidential Chief of Staff Moeldoko received the new ambassador of the Kingdom of Bahrain to Indonesia, Ahmed Abdulla Ahmed Alharmasi Alhajeri, on Tuesday, March 15.

On that occasion, Moeldoko invited investors from Bahrain to invest in Indonesia and jointly improve the bilateral ties of the two countries, especially in the trade sector.

“We must work to improve bilateral relations between Indonesia and Bahrain, one of which is related to efforts to encourage Bahraini entrepreneurs to invest in Indonesia,” said Moeldoko in a written statement.

As quoted from Antara, Ambassador Ahmed said the Kingdom of Bahrain is interested in Indonesia’s new capital or IKN development in East Kalimantan.

He also said that Indonesia sees Bahrain as a gateway to enter the Gulf Cooperation Council countries. Thus, Bahrain is an important and strategic partner for Indonesia.

According to him, the trade volume between Indonesia and Bahrain is still relatively small at around US$225 million in 2019. The figure even decreased to US$170 million in 2020 in which Indonesia recorded a deficit.

Read: Investment Minister Comments on SoftBank Withdrawal from New Capital Project

ANTARA

Related News

Indonesia's North Kalimantan Actively Offering Maritime Investment

7 jam lalu

Indonesia's North Kalimantan Actively Offering Maritime Investment

Indonesia's North Kalimantan provincial government is actively offering investment opportunities to local and foreign investors to invest.

Read More

CIMB Niaga Partners with Principal Indonesia to Launch USD-Denominated Sharia-Based Equity Fund

22 jam lalu

CIMB Niaga Partners with Principal Indonesia to Launch USD-Denominated Sharia-Based Equity Fund

CIMB Niaga in partnership with PT Principal Asset Management or Principal Indonesia launched the Principal Islamic ASEAN Equity Syariah Mutual Fund.

Read More

Amazon to Spend Nearly $9bn to Expand Cloud Infra in Singapore

23 jam lalu

Amazon to Spend Nearly $9bn to Expand Cloud Infra in Singapore

Amazon.com (AMZN.O) plans to spend S$12 billion ($8.88 billion) over the next four years to expand its cloud computing infrastructure in Singapore,

Read More

Luhut Reveals Updates on Tesla's Investment Plan in Indonesia

1 hari lalu

Luhut Reveals Updates on Tesla's Investment Plan in Indonesia

Indonesian Coordinating Minister Luhut Binsar Pandjaitan disclosed the latest updates on Tesla's investment plans in Indonesia.

Read More

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

5 hari lalu

Investment Minister Vows to Accelerate Indonesia's Sugar, Bioethanol Self-Sufficiency

Bahlil will accelerate the facilitation of investment to achieve sugar and bioethanol self-sufficiency

Read More

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

5 hari lalu

EU Delegation Visit IKN to Explore Investment Opportunities, Authority Says

IKN Authority deputy head claims that investment opportunities in IKN are attracting European attention.

Read More

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

6 hari lalu

Malaysia, Germany Companies Interested in IKN Investment, Authority Says

IKN Authority said it had received three letters of intent (Lol) from three Malaysian private companies.

Read More

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

6 hari lalu

Today's Top 3 News: Microsoft's Promises Behind Jumbo Investments for Indonesia

Here is the list of the top 3 news on Tempo English today.

Read More

Top 7 Strongest Currencies in the World; US Dollar Excluded

6 hari lalu

Top 7 Strongest Currencies in the World; US Dollar Excluded

It is actually not surprising that the US dollar is not among the strongest currencies despite being the most-traded currency globally.

Read More

Microsoft's Promises Behind Jumbo Investments for Indonesia

7 hari lalu

Microsoft's Promises Behind Jumbo Investments for Indonesia

Microsoft is confirmed to invest in Indonesia over the next 4 years, with a focus on developing artificial intelligence (AI) and cloud computing.

Read More